Most big cryptocurrencies fall on Cardano, Polkadot drops

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Most large cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD,
+0.33%
seeing the biggest change, shedding 2.33% to 63 cents.

Six additional currencies posted reductions Thursday. Polkadot
DOTUSD,
-1.12%
shed 1.74% to $7.26, and Polygon
MATICUSD,
-0.46%
declined 1.19% to 88 cents.

Ripple
XRPUSD,
+0.33%
sank 1.19% to 62 cents, while Bitcoin
BTCUSD,
-0.19%
slid 0.75% to $42,660.20. Dogecoin
DOGEUSD,
0.01
sank 0.51% to 10 cents.

Solana
SOLUSD,
+0.41%,
which posted the smallest decrease, slid 0.10% to $71.80

On the other hand, two cryptos posted increases, with Ethereum
ETHUSD,
-0.43%
seeing the largest rise at 1.18% to $2,287.36. Uniswap
UNIUSD,
-1.35%
rose 0.38% to $6.30.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.11%
increased 2.44% to $154.13, while MicroStrategy Inc.
MSTR,
-0.62%
slid 0.47% to $583.27. Riot Platforms Inc.
RIOT,
+3.35%
shares climbed 0.85% to $15.37, and shares of Marathon Digital Holdings Inc.
MARA,
+6.32%
increased 2.40% to $17.16.

Block Inc.
SQ,
+6.71%
climbed 6.48% to $74.60 and Tesla Inc.
TSLA,
+4.91%
climbed 3.09% to $246.68.

PayPal Holdings Inc.
PYPL,
+0.23%
increased 3.29% to $63.76, and Ebang International Holdings Inc.
EBON,
+1.05%
shares climbed 2.31% to $7.39. NVIDIA Corp.
NVDA,
+0.54%
rose 0.27% to $482.16, and Advanced Micro Devices Inc.
AMD,
-0.14%
increased 1.77% to $140.64.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.29%,
which is focused on pure-play crypto companies, rose 1.69% to $10.21. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.29%
increased 1.59% to $28.40. Grayscale Bitcoin Trust
GBTC,
-1.94%,
which tracks the Bitcoin market price, declined 2.85% to $34.58.


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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