Most large cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD,
seeing the biggest change, shedding 2.33% to 63 cents.
Six additional currencies posted reductions Thursday. Polkadot
DOTUSD,
shed 1.74% to $7.26, and Polygon
MATICUSD,
declined 1.19% to 88 cents.
Ripple
XRPUSD,
sank 1.19% to 62 cents, while Bitcoin
BTCUSD,
slid 0.75% to $42,660.20. Dogecoin
DOGEUSD,
sank 0.51% to 10 cents.
Solana
SOLUSD,
which posted the smallest decrease, slid 0.10% to $71.80
On the other hand, two cryptos posted increases, with Ethereum
ETHUSD,
seeing the largest rise at 1.18% to $2,287.36. Uniswap
UNIUSD,
rose 0.38% to $6.30.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 2.44% to $154.13, while MicroStrategy Inc.
MSTR,
slid 0.47% to $583.27. Riot Platforms Inc.
RIOT,
shares climbed 0.85% to $15.37, and shares of Marathon Digital Holdings Inc.
MARA,
increased 2.40% to $17.16.
Block Inc.
SQ,
climbed 6.48% to $74.60 and Tesla Inc.
TSLA,
climbed 3.09% to $246.68.
PayPal Holdings Inc.
PYPL,
increased 3.29% to $63.76, and Ebang International Holdings Inc.
EBON,
shares climbed 2.31% to $7.39. NVIDIA Corp.
NVDA,
rose 0.27% to $482.16, and Advanced Micro Devices Inc.
AMD,
increased 1.77% to $140.64.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 1.69% to $10.21. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 1.59% to $28.40. Grayscale Bitcoin Trust
GBTC,
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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