Cardano leads way as most big cryptocurrencies post drops

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD
seeing the biggest change, falling 3.42% to $2.02.

Six additional currencies posted decreases Thursday. Dogecoin
DOGEUSD
shed 2.60% to 26 cents, and Litecoin
LTCUSD
fell 1.74% to $204.88.

Bitcoin Cash
BCHUSD
dropped 1.74% to $602.31, while Ethereum
ETHUSD
declined 1.39% to $4,553.61. Uniswap
UNIUSD
declined 1.17% to $26.21.

Bitcoin
BTCUSD,
which posted the smallest decrease, inched down 0.97% to $62,161.75

On the other hand, two cryptos posted increases, with Polkadot
DOTUSD
seeing the largest rise at 2.02% to $55.00. Ripple
XRPUSD
climbed 0.13% to $1.21.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
inched down 0.07% to $344.15, while MicroStrategy Inc.
MSTR
climbed 0.61% to $815.20. Riot Blockchain Inc.
RIOT
shares increased 3.63% to $33.95, and shares of Marathon Digital Holdings Inc.
MARA
climbed 0.72% to $65.13.

Overstock.com Inc.
OSTK
climbed 1.50% to $106.37, while Square Inc. Cl A
SQ
slipped 0.02% to $252.43 and Tesla Inc.
TSLA
rose 1.26% to $1,229.11.

PayPal Holdings Inc.
PYPL
rose 0.13% to $230.67, and Ebang International Holdings Inc. Cl A
EBON
shares rose 1.82% to $2.24. NVIDIA Corp.
NVDA
climbed 5.44% to $280.46, and Advanced Micro Devices Inc.
AMD
climbed 0.13% to $132.33.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, increased 1.29% to $32.10. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
rose 0.79% to $60.58. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.45% to $49.40.


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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