Major cryptocurrencies experience losses, while Solana bucks the trend

  • Polkadot (DOT) declined 5.26% to $7.14
  • Dogecoin (DOGE) dropped 3.31% to 9 cents
  • Ethereum (ETH) fell 2.34% to $2,244.29
  • Uniswap (UNI) declined 2.34% to $6.17
  • Cardano (ADA) shed 2.19% to 62 cents
  • Ripple (XRP) declined 2.16% to 62 cents
  • Bitcoin (BTC) dropped 1.84% to $42,182.10
  • Polygon (MATIC) dropped 1.67% to 86 cents
  • Solana (SOL) rose 2.29% to $76.42
  • Coinbase Global Inc. (COIN) fell 3.03% to $148.97
  • MicroStrategy Inc. (MSTR) fell 1.87% to $571.50
  • Riot Platforms Inc. (RIOT) declined 2.60% to $15.34
  • Marathon Digital Holdings Inc. (MARA) shed 2.10% to $17.45
  • Advertisement Block Inc. (SQ) inched down 0.27% to $74.56
  • Tesla Inc. (TSLA) sank 0.49% to $249.83
  • PayPal Holdings Inc. (PYPL) slid 0.65% to $61.47
  • Ebang International Holdings Inc. (EBON) shed 1.03% to $7.22
  • NVIDIA Corp. (NVDA) rose 1.26% to $489.60
  • Advanced Micro Devices Inc. (AMD) rose 0.73% to $139.01
  • Amplify Transformational Data Sharing ETF (BLOK) shed 1.10% to $28.00
  • Bitwise Crypto Industry Innovators ETF (BITQ) declined 1.66% to $10.10
  • Grayscale Bitcoin Trust (GBTC) declined 2.21% to $34.13

Most large cryptocurrencies saw declines during morning trading on Friday. Polkadot (DOT) declined 5.26% to $7.14, while Dogecoin (DOGE) dropped 3.31% to 9 cents. Ethereum (ETH) fell 2.34% to $2,244.29, and Uniswap (UNI) declined 2.34% to $6.17. Cardano (ADA) shed 2.19% to 62 cents, and Ripple (XRP) declined 2.16% to 62 cents. Bitcoin (BTC) and Polygon (MATIC) also experienced decreases, dropping 1.84% to $42,182.10 and 1.67% to 86 cents, respectively. However, Solana (SOL) was the only cryptocurrency to see an increase, rising 2.29% to $76.42.

In other crypto-related news, Coinbase Global Inc. (COIN) fell 3.03% to $148.97, MicroStrategy Inc. (MSTR) fell 1.87% to $571.50, Riot Platforms Inc. (RIOT) declined 2.60% to $15.34, and Marathon Digital Holdings Inc. (MARA) shed 2.10% to $17.45. Advertisement Block Inc. (SQ) inched down 0.27% to $74.56, Tesla Inc. (TSLA) sank 0.49% to $249.83, PayPal Holdings Inc. (PYPL) slid 0.65% to $61.47, and Ebang International Holdings Inc. (EBON) shed 1.03% to $7.22. On the positive side, NVIDIA Corp. (NVDA) rose 1.26% to $489.60, and Advanced Micro Devices Inc. (AMD) rose 0.73% to $139.01.

In the fund space, Amplify Transformational Data Sharing ETF (BLOK) shed 1.10% to $28.00, Bitwise Crypto Industry Innovators ETF (BITQ) declined 1.66% to $10.10, and Grayscale Bitcoin Trust (GBTC) declined 2.21% to $34.13.

Public Companies: Polkadot (DOTUSD), Dogecoin (DOGEUSD), Ethereum (ETHUSD), Uniswap (UNIUSD), Cardano (ADAUSD), Ripple (XRPUSD), Bitcoin (BTCUSD), Polygon (MATICUSD), Solana (SOLUSD), Coinbase Global Inc. (COIN), MicroStrategy Inc. (MSTR), Riot Platforms Inc. (RIOT), Marathon Digital Holdings Inc. (MARA), Advertisement Block Inc. (SQ), Tesla Inc. (TSLA), PayPal Holdings Inc. (PYPL), Ebang International Holdings Inc. (EBON), NVIDIA Corp. (NVDA), Advanced Micro Devices Inc. (AMD), Amplify Transformational Data Sharing ETF (BLOK), Bitwise Crypto Industry Innovators ETF (BITQ), Grayscale Bitcoin Trust (GBTC)
Private Companies:
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Factuality Level: 8
Justification: The article provides information about the price movements of various cryptocurrencies and related companies. The information is based on data from Dow Jones and FactSet, which are reliable sources. However, the article does not provide any analysis or context for the price movements, and it does not include any additional information or sources to support the claims made.

Noise Level: 2
Justification: The article primarily consists of a list of cryptocurrency price movements and stock market changes. It lacks analysis, evidence, and actionable insights. The information provided is repetitive and does not provide any new knowledge or solutions. It also does not hold powerful people accountable or explore the consequences of decisions. Overall, the article contains mostly noise and filler content.

Financial Relevance: Yes
Financial Markets Impacted: Cryptocurrency markets and related companies

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the performance of various cryptocurrencies and related companies in the market. While there are fluctuations in prices, there is no mention of any extreme event or significant impact on financial markets.

Reported publicly: www.marketwatch.com