Large Cryptocurrencies Fall As Solana Tumbles

This article was automatically generated by MarketWatch using technology from Automated Insights.

All large cryptocurrencies were down during morning trading on Friday, with Solana seeing the biggest change, dropping 6.07% to $168.76.

Ripple fell 5.43% to 60 cents, and Polkadot fell 5.29% to $8.79.

Cardano fell 5.29% to 60 cents on Friday, while Ethereum shed 4.37% to $3,333.01 and Uniswap dropped 4.62% to $11.44.

Bitcoin and Dogecoin fell 3.81% to $62,944.90 and 3.31% to 15 cents

Polygon rounded out the decreases with a 3.04% decline to 96 cents.

In crypto-related company news, shares of Coinbase Global Inc. declined 3.40% to $253.09, while MicroStrategy Inc. declined 5.46% to $1,512.00. Riot Platforms Inc. shares dropped 4.38% to $11.46, and shares of Marathon Digital Holdings Inc. declined 4.22% to $20.86.

Block Inc. fell 2.01% to $82.36 and Tesla Inc. declined 2.68% to $168.19.

PayPal Holdings Inc. climbed 0.70% to $66.60, and Ebang International Holdings Inc. shares fell 4.22% to $9.20. NVIDIA Corp. rose 0.71% to $920.80, and Advanced Micro Devices Inc. declined 1.37% to $176.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF shed 1.93% to $34.78. The Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, dropped 4.20% to $12.32.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

March 22, 2024 10:15 ET (14:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.