Most of the largest cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD
seeing the biggest move, falling 9.23% to 45 cents.
Seven additional currencies posted drops Thursday. Uniswap
UNIUSD
shed 7.35% to $4.35, and Ethereum
ETHUSD
fell 6.68% to $1,895.43.
Litecoin
LTCUSD
declined 6.68% to $61.40, while Dogecoin
DOGEUSD
shed 6.37% to 7 cents. Polkadot
DOTUSD
fell 1.30% to $8.10.
Ripple
XRPUSD
and Bitcoin
BTCUSD
rounded out the decreases for Thursday, dropping 0.68% to 37 cents and 0.61% to $28,142.43, respectively.
On the other hand, Bitcoin Cash
BCHUSD
posted the only increase among the largest cryptos, rising 3.75% to $191.09.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
plunged 13.79% to $46.31, while MicroStrategy Inc.
MSTR
tumbled 12.06% to $147.91. Riot Blockchain Inc.
RIOT
shares declined 4.68% to $6.52, and shares of Marathon Digital Holdings Inc.
MARA
declined 9.82% to $9.00.
Overstock.com Inc.
OSTK
slid 0.68% to $29.13, while Block Inc.
SQ
fell 3.05% to $69.05 and Tesla Inc.
TSLA
dropped 4.53% to $700.72.
PayPal Holdings Inc.
PYPL
fell 2.12% to $73.58, and Ebang International Holdings Inc. Cl A
EBON
shares dropped 6.99% to 67 cents. NVIDIA Corp.
NVDA
fell 4.57% to $158.70, and Advanced Micro Devices Inc.
AMD
fell 2.12% to $84.11.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
shed 4.78% to $20.28. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 9.23% to $7.04. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 6.50% to $17.85.
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.
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