Major cryptocurrencies moved lower during U.S. morning trading on Friday, with Ethereum posting the sharpest losses as selling pressure spread across digital assets.
Ethereum fell 2.94% to $2,732.09, leading declines among large-cap cryptocurrencies amid continued weakness in risk markets.
Bitcoin dropped 1.62% to $82,989.50, while XRP slid 2.45% to $1.76, extending recent losses across the sector.
Other major tokens also weakened. Cardano declined 2.76% to $0.33, and Sui fell 2.45% to $1.28. Tron slipped 1.31% to $0.29, while Solana and Dogecoin dipped 0.94% and 0.81%, respectively.
Avalanche posted the smallest decline among major tokens, edging down 0.73% to $10.94.
Crypto-related equities mirrored the downturn. Coinbase shares fell 1.30% to $196.59, while Strategy declined 1.68% to $140.79. Mining stocks saw heavier losses, with Riot Platforms plunging 6.64% and MARA Holdings dropping 3.17%.
Broader tech stocks showed mixed movement. Block fell 2.43%, PayPal slipped 1.32%, and Nvidia edged lower by 0.53%. Tesla bucked the trend, rising 2.05%.
Crypto-focused exchange-traded funds also declined. The Amplify Blockchain Technology ETF fell 2.01%, while the Bitwise Crypto Industry Innovators ETF dropped 3.59%.
The coordinated pullback highlights ongoing volatility across digital assets as investors continue to reduce exposure amid uncertain macroeconomic conditions.
