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Indebta > Investing > Solana leads way as most big cryptocurrencies post declines
Investing

Solana leads way as most big cryptocurrencies post declines

News Room
Last updated: 2023/12/28 at 1:50 PM
By News Room
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2 Min Read
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Most large cryptocurrencies were down during morning trading on Thursday, with Solana
SOLUSD,
-8.82%
seeing the biggest move, shedding 9.13% to $99.10.

Six additional currencies posted decreases Thursday. Polkadot
DOTUSD,
-4.39%
shed 4.54% to $8.39, and Cardano
ADAUSD,
-2.38%
dropped 3.31% to 62 cents.

Polygon
MATICUSD,
-3.34%
dropped 3.31% to $1.01, while Dogecoin
DOGEUSD,
-1.93%
dropped 1.80% to 9 cents. Bitcoin
BTCUSD,
-2.13%
shed 1.69% to $42,633.80.

Ripple
XRPUSD,
-0.84%,
which posted the smallest decrease, slid 0.78% to 63 cents

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
+9.10%
seeing the largest rise at 7.16% to $7.77. Ethereum
ETHUSD,
-0.22%
climbed 0.32% to $2,367.78.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.35%
shed 1.61% to $182.27, while MicroStrategy Inc.
MSTR,
+0.21%
climbed 0.22% to $672.19. Riot Platforms Inc.
RIOT,
-5.57%
shares shed 3.79% to $17.92, and shares of Marathon Digital Holdings Inc.
MARA,
-8.93%
fell 5.12% to $29.48.

Block Inc.
SQ,
+0.52%
rose 0.11% to $79.69 and Tesla Inc.
TSLA,
-2.10%
inched down 0.05% to $261.32.

PayPal Holdings Inc.
PYPL,
+1.04%
rose 0.08% to $62.73, and Ebang International Holdings Inc.
EBON,
-7.72%
shares fell 5.24% to $17.01. NVIDIA Corp.
NVDA,
+0.59%
rose 0.25% to $495.39, and Advanced Micro Devices Inc.
AMD,
+2.46%
rose 0.86% to $147.33.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.67%
shed 1.21% to $31.77. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.76%,
which is focused on pure-play crypto companies, declined 2.88% to $13.17. Grayscale Bitcoin Trust
GBTC,
-2.52%,
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.

Read the full article here

News Room December 28, 2023 December 28, 2023
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