Most big cryptocurrencies decrease as Polkadot tumbles

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Polkadot
DOTUSD,
-2.59%
seeing the biggest move, tumbling 1.79% to $8.19.

Six additional currencies posted decreases Thursday. Bitcoin Cash
BCHUSD,
-2.60%
shed 1.27% to $137.88, and Cardano
ADAUSD,
-2.15%
declined 1.26% to 50 cents.

Bitcoin
BTCUSD,
-1.84%
declined 1.26% to $23,078.69, while Ripple
XRPUSD,
-1.99%
slid 0.94% to 37 cents. Dogecoin
DOGEUSD,
-1.28%
slipped 0.88% to 7 cents.

Ethereum
ETHUSD,
-1.89%,
which posted the smallest decrease, slid 0.21% to $1,638.49

On the other hand, two cryptos posted increases, with Litecoin
LTCUSD,
-0.35%
seeing the largest rise at 1.53% to $60.37. Uniswap
UNIUSD,
-3.26%
climbed 0.31% to $9.09.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+17.39%
jumped 19.87% to $96.87, while MicroStrategy Inc.
MSTR,
+0.28%
climbed 3.12% to $323.48. Riot Blockchain Inc.
RIOT,
+3.45%
shares rallied 4.86% to $8.52, and shares of Marathon Digital Holdings Inc.
MARA,
+4.89%
climbed 9.76% to $14.58.

Overstock.com Inc.
OSTK,
-2.50%
sank 0.04% to $29.60, while Block Inc.
SQ,
+0.94%
climbed 1.00% to $88.95 and Tesla Inc.
TSLA,
+0.16%
rallied 1.33% to $934.44.

PayPal Holdings Inc.
PYPL,
-0.47%
shed 2.09% to $95.87, and Ebang International Holdings Inc. Cl A
EBON,
+4.23%
shares rose 6.40% to 51 cents. NVIDIA Corp.
NVDA,
+0.68%
rose 0.93% to $190.69, and Advanced Micro Devices Inc.
AMD,
+5.45%
rallied 2.09% to $100.28.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.89%,
which is focused on pure-play crypto companies, climbed 5.25% to $9.12. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.78%
rallied 1.45% to $23.32. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.15% to $14.35.


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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