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Most large cryptocurrencies decline as Litecoin declines

Editorial Staff by Editorial Staff
February 12, 2022
0
Most large cryptocurrencies decline as Litecoin declines

Most of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin LTCUSD, 0.25% seeing the biggest move, tumbling 2.33% to $133.06.

Seven additional currencies posted decreases Friday. Ripple XRPUSD, 6.40% shed 1.99% to 82 cents, and Bitcoin Cash BCHUSD, 0.72% fell 1.40% to $339.94.

Polkadot DOTUSD, -0.94% shed 1.40% to $20.55, while Ethereum ETHUSD, 0.38% sank 0.60% to $3,095.63. Cardano ADAUSD, -2.69% slid 0.46% to $1.16.

Bitcoin BTCUSD, -0.37% and Dogecoin DOGEUSD, -1.52% rounded out the decreases for Friday, dropping 0.39% to $43,582.87 and 0.10% to 15 cents, respectively.

On the other hand, Uniswap UNIUSD, -0.01% posted the only increase among the largest cryptos, rising 0.41% to $11.59.

In crypto-related company news, shares of Coinbase Global Inc. COIN, -5.00% dropped 1.54% to $201.61, while MicroStrategy Inc. MSTR, -4.74% slipped 0.15% to $430.83. Riot Blockchain Inc. RIOT, -4.67% shares sank 0.05% to $19.26, and shares of Marathon Digital Holdings Inc. MARA, -6.56% slid 0.76% to $28.60.

Overstock.com Inc. OSTK, -4.27% declined 1.12% to $49.33, while Block Inc. SQ, -0.97% increased 6.25% to $115.75 and Tesla Inc. TSLA, -4.93% sank 0.47% to $900.34.

PayPal Holdings Inc. PYPL, -3.13% climbed 0.14% to $119.19, and Ebang International Holdings Inc. Cl A EBON, -15.92% shares slipped 0.61% to $1.56. NVIDIA Corp. NVDA, -7.26% shed 1.95% to $253.21, and Advanced Micro Devices Inc. AMD, -10.01% declined 0.14% to $123.01.

In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, -5.36%, which is focused on pure-play crypto companies, climbed 0.21% to $17.94. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -4.23% sank 0.44% to $35.06. Grayscale Bitcoin Trust GBTC, -4.48%, which tracks the Bitcoin market price, dropped 1.29% to $30.60.

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