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Dogecoin leads drops as largest cryptocurrencies start mixed

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Dogecoin leads drops as largest cryptocurrencies start mixed.

 

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The largest cryptocurrencies were mixed during morning trading on Friday, with Ripple XRPUSD, -0.97% seeing the biggest move, rising 2.95% to 45 cents.

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Dogecoin DOGEUSD, -0.80% led the decreases with a 1.27% drop to 6 cents.

Five other cryptocurrencies saw increases Friday. Ethereum ETHUSD, -0.56% climbed 0.31% to $1,285.71, and Bitcoin Cash BCHUSD, +0.06% rose 0.27% to $106.20.

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Cardano ADAUSD, -0.39% rose 0.17% to 34 cents, and Litecoin LTCUSD, -0.93% climbed 0.12% to $51.12.

Bitcoin BTCUSD, -0.26% saw the smallest increase, climbing climbed 0.06% to $19,034.03.

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In addition to Dogecoin, two other currencies posted drops. Uniswap UNIUSD, -0.26% dropped 1.27% to $6.01, and Polkadot DOTUSD, -0.09% sank 0.61% to $5.89.

In crypto-related company news, shares of Coinbase Global Inc. COIN, +4.39% rose 0.47% to $63.89, while MicroStrategy Inc. MSTR, +5.25% rallied 1.22% to $223.71. Riot Blockchain Inc. RIOT, +4.48% shares rose 0.72% to $5.62, and shares of Marathon Digital Holdings Inc. MARA, +7.14% increased 1.28% to $11.06.

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Overstock.com Inc. OSTK, +4.73% climbed 0.68% to $23.85, while Block Inc. SQ, +1.47% declined 2.08% to $54.04 and Tesla Inc. TSLA, +3.45% rose 0.88% to $209.11.

PayPal Holdings Inc. PYPL, -0.99% slipped 0.59% to $84.28, and Ebang International Holdings Inc. Cl A EBON, -4.40% shares declined 1.14% to 32 cents. NVIDIA Corp. NVDA, +2.23% climbed 0.32% to $122.33, and Advanced Micro Devices Inc. AMD, +1.82% dropped 0.59% to $57.09.

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In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, +2.68% rose 0.03% to $17.91. The Bitwise Crypto Industry Innovators ETF BITQ, +3.11%, which is focused on pure-play crypto companies, declined 1.04% to $5.72. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, slid 0.84% to $11.18.

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