Solana leads way as most big cryptocurrencies post declines

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Most large cryptocurrencies were down during morning trading on Thursday, with Solana
SOLUSD,
-0.23%
seeing the biggest move, shedding 9.13% to $99.10.

Six additional currencies posted decreases Thursday. Polkadot
DOTUSD,
-0.91%
shed 4.54% to $8.39, and Cardano
ADAUSD,
-1.76%
dropped 3.31% to 62 cents.

Polygon
MATICUSD,
-1.59%
dropped 3.31% to $1.01, while Dogecoin
DOGEUSD,
-0.48%
dropped 1.80% to 9 cents. Bitcoin
BTCUSD,
+0.01%
shed 1.69% to $42,633.80.

Ripple
XRPUSD,
-0.57%,
which posted the smallest decrease, slid 0.78% to 63 cents

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
-3.58%
seeing the largest rise at 7.16% to $7.77. Ethereum
ETHUSD,
-0.44%
climbed 0.32% to $2,367.78.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.60%
shed 1.61% to $182.27, while MicroStrategy Inc.
MSTR,
-0.42%
climbed 0.22% to $672.19. Riot Platforms Inc.
RIOT,
-5.48%
shares shed 3.79% to $17.92, and shares of Marathon Digital Holdings Inc.
MARA,
-9.53%
fell 5.12% to $29.48.

Block Inc.
SQ,
-0.11%
rose 0.11% to $79.69 and Tesla Inc.
TSLA,
-3.16%
inched down 0.05% to $261.32.

PayPal Holdings Inc.
PYPL,
+0.64%
rose 0.08% to $62.73, and Ebang International Holdings Inc.
EBON,
-3.84%
shares fell 5.24% to $17.01. NVIDIA Corp.
NVDA,
+0.21%
rose 0.25% to $495.39, and Advanced Micro Devices Inc.
AMD,
+1.84%
rose 0.86% to $147.33.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.87%
shed 1.21% to $31.77. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.06%,
which is focused on pure-play crypto companies, declined 2.88% to $13.17. Grayscale Bitcoin Trust
GBTC,
-3.97%,
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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