Most large cryptocurrencies were down during morning trading on Thursday, with Polygon
MATICUSD,
seeing the biggest move, dropping 1.75% to 55 cents.
Seven additional currencies posted decreases Thursday. Uniswap
UNIUSD,
dropped 1.75% to $4.72, and Ripple
XRPUSD,
shed 1.67% to 52 cents.
Dogecoin
DOGEUSD,
fell 1.67% to 6 cents, while Ethereum
ETHUSD,
fell 1.18% to $1,664.47. Polkadot
DOTUSD,
shed 1.01% to $4.45.
Bitcoin
BTCUSD,
and Cardano
ADAUSD,
rounded out the decreases for Thursday, dropping 0.93% to $26,343.10 and 0.70% to 27 cents, respectively.
On the other hand, Solana
SOLUSD,
posted the only increase among the largest cryptos, rising 0.09% to $21.60.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 1.97% to $76.25, while MicroStrategy Inc.
MSTR,
inched down 0.67% to $344.07. Riot Platforms Inc.
RIOT,
shares shed 3.10% to $10.78, and shares of Marathon Digital Holdings Inc.
MARA,
fell 4.98% to $11.17.
Overstock.com Inc.
OSTK,
dropped 1.24% to $23.92, while Block Inc.
SQ,
inched down 0.05% to $57.19 and Tesla Inc.
TSLA,
shed 1.38% to $233.58.
PayPal Holdings Inc.
PYPL,
rose 0.08% to $61.81, and Ebang International Holdings Inc.
EBON,
shares climbed 0.66% to $8.06. NVIDIA Corp.
NVDA,
increased 2.76% to $484.15, and Advanced Micro Devices Inc.
AMD,
dropped 2.91% to $106.25.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
shed 1.25% to $21.26. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 2.07% to $7.34. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.70% to $17.88.
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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