Most large cryptocurrencies were down during morning trading on Thursday, with Ripple
XRPUSD,
seeing the biggest move, declining 1.24% to 48 cents.
Six additional currencies posted decreases Thursday. Ethereum
ETHUSD,
inched down 0.48% to $1,554.87, and Uniswap
UNIUSD,
slid 0.43% to $3.90.
Polygon
MATICUSD,
slipped 0.43% to 51 cents, while Polkadot
DOTUSD,
slid 0.31% to $3.63. Dogecoin
DOGEUSD,
inched down 0.17% to 6 cents.
Cardano
ADAUSD,
which posted the smallest decrease, sank 0.10% to 24 cents
On the other hand, two cryptos posted increases, with Solana
SOLUSD,
seeing the largest rise at 1.98% to $24.17. Bitcoin
BTCUSD,
climbed 0.81% to $28,493.80.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 0.42% to $74.24, while MicroStrategy Inc.
MSTR,
climbed 0.27% to $330.03. Riot Platforms Inc.
RIOT,
shares shed 1.41% to $8.72, and shares of Marathon Digital Holdings Inc.
MARA,
held steady at $7.74.
Overstock.com Inc.
OSTK,
shed 4.85% to $16.35, while Block Inc.
SQ,
rose 0.83% to $44.95 and Tesla Inc.
TSLA,
declined 7.87% to $223.57.
PayPal Holdings Inc.
PYPL,
rose 0.13% to $55.87, and Ebang International Holdings Inc.
EBON,
shares inched down 0.70% to $7.10. NVIDIA Corp.
NVDA,
increased 1.18% to $426.93, and Advanced Micro Devices Inc.
AMD,
climbed 1.71% to $103.92.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
sank 0.20% to $19.56. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, slid 0.50% to $6.24. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.05% to $22.20.
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.
Read the full article here