Most large cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD,
seeing the biggest move, shedding 1.21% to 25 cents.
Seven additional currencies posted drops Thursday. Solana
SOLUSD,
slipped 0.92% to $19.35, and Dogecoin
DOGEUSD,
slipped 0.57% to 6 cents.
Polygon
MATICUSD,
slid 0.57% to 55 cents, while Ripple
XRPUSD,
sank 0.48% to 50 cents. Bitcoin
BTCUSD,
sank 0.25% to $25,611.30.
Ethereum
ETHUSD,
and Uniswap
UNIUSD,
rounded out the decreases for Thursday, dropping 0.19% to $1,624.83 and 0.09% to $4.43, respectively.
On the other hand, Polkadot
DOTUSD,
posted the only increase among the largest cryptos, rising 0.42% to $4.25.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 2.47% to $76.12, while MicroStrategy Inc.
MSTR,
shed 3.56% to $338.21. Riot Platforms Inc.
RIOT,
shares shed 5.60% to $10.61, and shares of Marathon Digital Holdings Inc.
MARA,
fell 5.22% to $11.43.
Overstock.com Inc.
OSTK,
declined 8.20% to $19.27, while Block Inc.
SQ,
shed 4.09% to $55.29 and Tesla Inc.
TSLA,
shed 2.40% to $245.87.
PayPal Holdings Inc.
PYPL,
fell 2.20% to $61.42, and Ebang International Holdings Inc.
EBON,
shares dropped 5.27% to $7.01. NVIDIA Corp.
NVDA,
shed 3.21% to $455.48, and Advanced Micro Devices Inc.
AMD,
fell 3.06% to $105.93.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 2.14% to $21.02. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 3.27% to $7.09. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.43% to $18.52.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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