Most large cryptocurrencies experienced a decline during morning trading on Thursday, with Cardano (ADA) seeing the biggest change, shedding 2.33% to 63 cents.
Declining Currencies
Six additional currencies also posted reductions on Thursday:
- Polkadot (DOT) shed 1.74% to $7.26.
- Polygon (MATIC) declined 1.19% to 88 cents.
- Ripple (XRP) sank 1.19% to 62 cents.
- Bitcoin (BTC) slid 0.75% to $42,660.20.
- Dogecoin (DOGE) sank 0.51% to 10 cents.
- Solana (SOL), which posted the smallest decrease, slid 0.10% to $71.80.
Rising Currencies
On the other hand, two cryptocurrencies posted increases:
- Ethereum (ETH) saw the largest rise at 1.18% to $2,287.36.
- Uniswap (UNI) rose 0.38% to $6.30.
Crypto-Related Company News
In crypto-related company news:
- Shares of Coinbase Global Inc. (COIN) increased 2.44% to $154.13.
- MicroStrategy Inc. (MSTR) slid 0.47% to $583.27.
- Riot Platforms Inc. (RIOT) shares climbed 0.85% to $15.37.
- Shares of Marathon Digital Holdings Inc. (MARA) increased 2.40% to $17.16.
- Block Inc. (SQ) climbed 6.48% to $74.60.
- Tesla Inc. (TSLA) climbed 3.09% to $246.68.
- PayPal Holdings Inc. (PYPL) increased 3.29% to $63.76.
- Ebang International Holdings Inc. (EBON) shares climbed 2.31% to $7.39.
- NVIDIA Corp. (NVDA) rose 0.27% to $482.16.
- Advanced Micro Devices Inc. (AMD) increased 1.77% to $140.64.
Fund Space
In the fund space:
- The Bitwise Crypto Industry Innovators ETF (BITQ), focused on pure-play crypto companies, rose 1.69% to $10.21.
- The Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) increased 1.59% to $28.40.
- The Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, declined 2.85% to $34.58.
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