Most big cryptocurrencies decrease as Ripple declines
Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple seeing the biggest move, shedding 1.62% to 33 cents. Seven...
Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple
XRPUSD,
+0.46%
seeing the biggest move, shedding 1.62% to 33 cents.
Seven additional currencies posted drops Thursday. Dogecoin
DOGEUSD,
-0.98%
dropped 1.45% to 6 cents, and Bitcoin
BTCUSD,
-0.00%
fell 1.22% to $19,961.28.
Uniswap
UNIUSD,
-0.36%
fell 1.22% to $6.14, while Polkadot
DOTUSD,
+0.67%
slipped 0.99% to $7.02. Cardano
ADAUSD,
-0.05%
slipped 0.96% to 45 cents.
Ethereum
ETHUSD,
-0.19%
and Bitcoin Cash
BCHUSD,
-1.39%
rounded out the decreases for Thursday, dropping 0.43% to $1,566.21 and 0.40% to $115.52, respectively.
On the other hand, Litecoin
LTCUSD,
-0.23%
posted the only increase among the largest cryptos, rising 1.81% to $55.72.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.79%
shed 4.78% to $63.61, while MicroStrategy Inc.
MSTR,
-3.32%
fell 3.48% to $223.51. Riot Blockchain Inc.
RIOT,
-3.93%
shares dropped 3.91% to $6.89, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%
shed 3.21% to $11.47.
Overstock.com Inc.
OSTK,
-6.52%
declined 3.41% to $25.21, while Block Inc.
SQ,
-13.64%
fell 3.68% to $66.38 and Tesla Inc.
TSLA,
-2.11%
slid 0.62% to $273.89.
PayPal Holdings Inc.
PYPL,
-2.23%
declined 1.61% to $91.94, and Ebang International Holdings Inc. Cl A
EBON,
-2.53%
shares shed 2.84% to 45 cents. NVIDIA Corp.
NVDA,
+0.37%
declined 7.56% to $139.53, and Advanced Micro Devices Inc.
AMD,
+2.36%
shed 1.61% to $80.99.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.86%
declined 2.09% to $20.40. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.08%,
which is focused on pure-play crypto companies, dropped 4.91% to $7.17. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.18% to $12.39.
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.