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Home News

Cryptocurrency Market Update

by Myfxtools
December 14, 2023
in News
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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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Tags: BitcoinBlockchainCardanoCryptocurrenciesEthereum
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