Most large cryptocurrencies were down during morning trading on Thursday, with Cardano ADAUSD seeing the biggest move, shedding 1.21% to 25 cents.
Seven additional currencies posted drops Thursday. Solana SOLUSD slipped 0.92% to $19.35, and Dogecoin DOGEUSD slipped 0.57% to 6 cents.
Polygon MATICUSD slid 0.57% to 55 cents, while Ripple XRPUSD sank 0.48% to 50 cents. Bitcoin BTCUSD sank 0.25% to $25,611.30.
Ethereum ETHUSD and Uniswap UNIUSD rounded out the decreases for Thursday, dropping 0.19% to $1,624.83 and 0.09% to $4.43, respectively.
On the other hand, Polkadot DOTUSD posted the only increase among the largest cryptos, rising 0.42% to $4.25.
In crypto-related company news, shares of Coinbase Global Inc. COIN dropped 2.47% to $76.12, while MicroStrategy Inc. MSTR shed 3.56% to $338.21. Riot Platforms Inc. RIOT shares shed 5.60% to $10.61, and shares of Marathon Digital Holdings Inc. MARA fell 5.22% to $11.43.
Overstock.com Inc. OSTK declined 8.20% to $19.27, while Block Inc. SQ shed 4.09% to $55.29 and Tesla Inc. TSLA shed 2.40% to $245.87.
PayPal Holdings Inc. PYPL fell 2.20% to $61.42, and Ebang International Holdings Inc. EBON shares dropped 5.27% to $7.01. NVIDIA Corp. NVDA shed 3.21% to $455.48, and Advanced Micro Devices Inc. AMD fell 3.06% to $105.93.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK fell 2.14% to $21.02. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, shed 3.27% to $7.09. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, slipped 0.43% to $18.52.
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.
