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Polkadot leads way as largest cryptocurrencies decrease

June 3, 2022
in Polkadot
0

All of the largest cryptocurrencies were down during morning trading on Friday, with Polkadot
DOTUSD,
-6.19%
seeing the biggest change, falling 5.13% to $9.34.

Cardano
ADAUSD,
-7.17%
dropped 5.10% to 55 cents, and Uniswap
UNIUSD,
-3.90%
declined 3.58% to $5.06.

Ethereum
ETHUSD,
-4.04%
declined 3.58% to $1,766.34 on Friday, while Bitcoin Cash
BCHUSD,
-3.20%
declined 2.71% to $181.95 and Litecoin
LTCUSD,
-3.76%
shed 2.74% to $62.12.

Ripple
XRPUSD,
-3.39%
and Dogecoin
DOGEUSD,
-2.91%
fell 2.34% to 39 cents and 2.25% to 8 cents

Bitcoin
BTCUSD,
-2.97%
rounded out the decreases with a 1.93% decline to $29,658.36.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-9.44%
declined 6.24% to $69.21, while MicroStrategy Inc.
MSTR,
-7.33%
dropped 4.35% to $233.82. Riot Blockchain Inc.
RIOT,
-9.70%
shares declined 8.22% to $6.31, and shares of Marathon Digital Holdings Inc.
MARA,
-9.10%
fell 6.63% to $8.72.

Overstock.com Inc.
OSTK,
-5.12%
fell 4.06% to $31.30, while Block Inc.
SQ,
-4.15%
dropped 2.00% to $85.69 and Tesla Inc.
TSLA,
-7.37%
declined 6.19% to $727.04.

PayPal Holdings Inc.
PYPL,
-1.48%
sank 0.75% to $87.66, and Ebang International Holdings Inc. Cl A
EBON,
-1.78%
shares slipped 0.04% to 78 cents. NVIDIA Corp.
NVDA,
-3.60%
declined 2.03% to $191.94, and Advanced Micro Devices Inc.
AMD,
-2.02%
sank 0.75% to $108.28.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.58%
fell 1.31% to $22.66. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.39%,
which is focused on pure-play crypto companies, declined 2.48% to $8.27. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 2.71% to $19.41.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

This news is republished from another source.

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