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.
declined 6.68% to $61.40, while Dogecoin DOGEUSD,
shed 6.37% to 7 cents. Polkadot DOTUSD,
fell 1.30% to $8.10.
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.
Credit: www.marketwatch.com /