Large cryptocurrencies drop on Solana, Uniswap decreases

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All large cryptocurrencies were down during morning trading on Thursday, with Solana
SOLUSD,
-1.22%
seeing the biggest move, falling 4.48% to $19.38.

Uniswap
UNIUSD,
+0.02%
shed 3.21% to $4.23, and Polygon
MATICUSD,
-0.63%
declined 3.01% to 53 cents.

Ethereum
ETHUSD,
+0.33%
fell 3.01% to $1,575.04 on Thursday, while Bitcoin
BTCUSD,
-0.16%
declined 2.47% to $26,411.60 and Ripple
XRPUSD,
+1.26%
shed 2.78% to 50 cents.

Polkadot
DOTUSD,
-0.27%
and Cardano
ADAUSD,
-1.02%
fell 2.38% to $4.02 and 1.71% to 25 cents

Dogecoin
DOGEUSD,
-0.02
rounded out the decreases with a 1.68% decline to 6 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.22%
shed 4.40% to $73.30, while MicroStrategy Inc.
MSTR,
-1.19%
declined 3.26% to $322.62. Riot Platforms Inc.
RIOT,
-3.27%
shares dropped 6.71% to $9.35, and shares of Marathon Digital Holdings Inc.
MARA,
-4.90%
fell 5.30% to $8.80.

Overstock.com Inc.
OSTK,
-2.26%
declined 1.49% to $17.68, while Block Inc.
SQ,
-1.87%
declined 3.15% to $46.07 and Tesla Inc.
TSLA,
-4.11%
fell 2.50% to $256.03.

PayPal Holdings Inc.
PYPL,
-1.03%
fell 2.72% to $59.21, and Ebang International Holdings Inc.
EBON,
+3.12%
shares fell 1.36% to $7.26. NVIDIA Corp.
NVDA,
+1.58%
fell 1.97% to $414.09, and Advanced Micro Devices Inc.
AMD,
+0.09%
fell 3.21% to $97.12.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.05%
fell 2.42% to $19.97. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.67%,
which is focused on pure-play crypto companies, shed 3.02% to $6.74. Grayscale Bitcoin Trust
GBTC,
-0.26%,
which tracks the Bitcoin market price, fell 3.04% to $18.83.


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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