Most large cryptocurrencies decrease on Bitcoin, Bitcoin Cash drops
Most of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin seeing the biggest move, dropping 1.28% to $20,488.92. Six...
Most of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin
BTCUSD,
-0.01%
seeing the biggest move, dropping 1.28% to $20,488.92.
Six additional currencies posted drops Thursday. Bitcoin Cash
BCHUSD,
-1.39%
dropped 1.16% to $113.60, and Litecoin
LTCUSD,
-0.21%
shed 1.11% to $55.47.
Cardano
ADAUSD,
-0.09%
sank 1.11% to 40 cents, while Ethereum
ETHUSD,
-0.24%
inched down 0.73% to $1,543.10. Polkadot
DOTUSD,
+0.67%
slid 0.61% to $6.42.
Ripple
XRPUSD,
+0.41%,
which posted the smallest decrease, slid 0.19% to 47 cents
On the other hand, two cryptos posted increases, with Dogecoin
DOGEUSD,
-1.05%
seeing the largest rise at 6.38% to 8 cents. Uniswap
UNIUSD,
-0.36%
rallied 3.19% to $6.92.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.79%
dropped 2.38% to $72.05, while MicroStrategy Inc.
MSTR,
-3.32%
shed 1.78% to $267.87. Riot Blockchain Inc.
RIOT,
-3.93%
shares declined 1.84% to $6.93, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%
slipped 0.87% to $13.67.
Overstock.com Inc.
OSTK,
-6.52%
dropped 3.39% to $24.76, while Block Inc.
SQ,
-13.64%
climbed 0.96% to $60.04 and Tesla Inc.
TSLA,
-2.11%
sank 0.05% to $224.52.
PayPal Holdings Inc.
PYPL,
-2.23%
slid 0.70% to $87.93, and Ebang International Holdings Inc. Cl A
EBON,
-2.53%
shares dropped 1.52% to 31 cents. NVIDIA Corp.
NVDA,
+0.37%
increased 2.10% to $131.67, and Advanced Micro Devices Inc.
AMD,
+2.36%
rallied 0.70% to $60.43.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.86%
dropped 1.02% to $19.37. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.08%,
which is focused on pure-play crypto companies, declined 4.05% to $6.39. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.40% to $12.47.
Editor's Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.