All of the largest cryptocurrencies were down during morning trading on Thursday, with Cardano
ADAUSD,
seeing the biggest change, tumbling 11.48% to 79 cents.
Litecoin
LTCUSD,
plunged 10.39% to $96.07, and Dogecoin
DOGEUSD,
shed 9.90% to 12 cents.
Ripple
XRPUSD,
shed 9.90% to 64 cents on Thursday, while Bitcoin Cash
BCHUSD,
dropped 7.80% to $268.77 and Uniswap
UNIUSD,
dropped 8.20% to $8.23.
Ethereum
ETHUSD,
and Bitcoin
BTCUSD,
fell 6.99% to $2,437.51 and 5.08% to $35,661.14
Polkadot
DOTUSD,
posted the smallest drop with a 4.22% decline to $15.50.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 4.12% to $165.62, while MicroStrategy Inc.
MSTR,
fell 3.73% to $351.43. Riot Blockchain Inc.
RIOT,
shares declined 3.38% to $14.56, and shares of Marathon Digital Holdings Inc.
MARA,
declined 1.38% to $20.75.
Overstock.com Inc.
OSTK,
increased 2.08% to $45.70, while Block Inc.
SQ,
dropped 2.11% to $86.85 and Tesla Inc.
TSLA,
dropped 2.45% to $745.34.
PayPal Holdings Inc.
PYPL,
declined 2.93% to $97.77, and Ebang International Holdings Inc. Cl A
EBON,
shares declined 7.94% to $1.16. NVIDIA Corp.
NVDA,
fell 1.97% to $219.45, and Advanced Micro Devices Inc.
AMD,
slipped 2.93% to $109.32.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 2.35% to $29.87. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 2.94% to $14.22. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 6.24% to $24.03.
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.
