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Largest cryptocurrencies drop on Litecoin, Polkadot declines

Largest cryptocurrencies drop on Litecoin, Polkadot declines

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Largest cryptocurrencies drop on Litecoin, Polkadot declines

by admin
March 7, 2022
in Litecoin
0

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All of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin
LTCUSD
seeing the biggest move, tumbling 4.29% to $105.50.

Polkadot
DOTUSD
shed 3.87% to $17.20, and Ethereum
ETHUSD
declined 3.26% to $2,713.02.

Bitcoin Cash
BCHUSD
dropped 3.26% to $303.72 on Friday, while Bitcoin
BTCUSD
shed 2.15% to $41,221.55 and Uniswap
UNIUSD
declined 2.36% to $9.23.

Cardano
ADAUSD
and Ripple
XRPUSD
fell 1.99% to 88 cents and 1.57% to 74 cents

Dogecoin
DOGEUSD
rounded out the decreases with a 1.28% decline to 13 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 2.38% to $173.80, while MicroStrategy Inc.
MSTR
declined 1.03% to $424.30. Riot Blockchain Inc.
RIOT
shares climbed 0.51% to $16.05, and shares of Marathon Digital Holdings Inc.
MARA
climbed 0.20% to $24.71.

Overstock.com Inc.
OSTK
slipped 0.69% to $51.95, while Block Inc.
SQ
slipped 0.91% to $113.19 and Tesla Inc.
TSLA
climbed 1.74% to $853.87.

PayPal Holdings Inc.
PYPL
slipped 0.05% to $101.29, and Ebang International Holdings Inc. Cl A
EBON
shares fell 1.68% to $1.17. NVIDIA Corp.
NVDA
sank 0.86% to $235.09, and Advanced Micro Devices Inc.
AMD
sank 0.05% to $111.85.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
declined 1.97% to $31.89. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.75% to $15.56. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.99% to $27.55.


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.



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