Most large cryptocurrencies were down during morning trading on Thursday, with Solana
SOLUSD,
seeing the biggest move, shedding 9.13% to $99.10.
Six additional currencies posted decreases Thursday. Polkadot
DOTUSD,
shed 4.54% to $8.39, and Cardano
ADAUSD,
dropped 3.31% to 62 cents.
Polygon
MATICUSD,
dropped 3.31% to $1.01, while Dogecoin
DOGEUSD,
dropped 1.80% to 9 cents. Bitcoin
BTCUSD,
shed 1.69% to $42,633.80.
Ripple
XRPUSD,
which posted the smallest decrease, slid 0.78% to 63 cents
On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
seeing the largest rise at 7.16% to $7.77. Ethereum
ETHUSD,
climbed 0.32% to $2,367.78.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 1.61% to $182.27, while MicroStrategy Inc.
MSTR,
climbed 0.22% to $672.19. Riot Platforms Inc.
RIOT,
shares shed 3.79% to $17.92, and shares of Marathon Digital Holdings Inc.
MARA,
fell 5.12% to $29.48.
Block Inc.
SQ,
rose 0.11% to $79.69 and Tesla Inc.
TSLA,
inched down 0.05% to $261.32.
PayPal Holdings Inc.
PYPL,
rose 0.08% to $62.73, and Ebang International Holdings Inc.
EBON,
shares fell 5.24% to $17.01. NVIDIA Corp.
NVDA,
rose 0.25% to $495.39, and Advanced Micro Devices Inc.
AMD,
rose 0.86% to $147.33.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
shed 1.21% to $31.77. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 2.88% to $13.17. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.66% to $35.65.
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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