Investment

Most big cryptocurrencies decrease as Ripple declines

1 Mins read

Most large cryptocurrencies were down during morning trading on Thursday, with Ripple
XRPUSD,
+3.17%
seeing the biggest move, declining 1.24% to 48 cents.

Six additional currencies posted decreases Thursday. Ethereum
ETHUSD,
+3.39%
inched down 0.48% to $1,554.87, and Uniswap
UNIUSD,
+3.15%
slid 0.43% to $3.90.

Polygon
MATICUSD,
+4.37%
slipped 0.43% to 51 cents, while Polkadot
DOTUSD,
+3.67%
slid 0.31% to $3.63. Dogecoin
DOGEUSD,
+2.13%
inched down 0.17% to 6 cents.

Cardano
ADAUSD,
+2.32%,
which posted the smallest decrease, sank 0.10% to 24 cents

On the other hand, two cryptos posted increases, with Solana
SOLUSD,
+7.74%
seeing the largest rise at 1.98% to $24.17. Bitcoin
BTCUSD,
+4.54%
climbed 0.81% to $28,493.80.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.12%
climbed 0.42% to $74.24, while MicroStrategy Inc.
MSTR,
+4.01%
climbed 0.27% to $330.03. Riot Platforms Inc.
RIOT,
-0.23%
shares shed 1.41% to $8.72, and shares of Marathon Digital Holdings Inc.
MARA,
-0.39%
held steady at $7.74.

Overstock.com Inc.
OSTK,
-6.52%
shed 4.85% to $16.35, while Block Inc.
SQ,
-0.92%
rose 0.83% to $44.95 and Tesla Inc.
TSLA,
-9.30%
declined 7.87% to $223.57.

PayPal Holdings Inc.
PYPL,
-1.77%
rose 0.13% to $55.87, and Ebang International Holdings Inc.
EBON,
-1.26%
shares inched down 0.70% to $7.10. NVIDIA Corp.
NVDA,
-0.23%
increased 1.18% to $426.93, and Advanced Micro Devices Inc.
AMD,
+0.23%
climbed 1.71% to $103.92.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.46%
sank 0.20% to $19.56. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.32%,
which is focused on pure-play crypto companies, slid 0.50% to $6.24. Grayscale Bitcoin Trust
GBTC,
+1.09%,
which tracks the Bitcoin market price, sank 0.05% to $22.20.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Related posts
Investment

Is Magnificent 7 Momentum Setting Investors Up for Disappointment?

1 Mins read
The Magnificent Seven stocks have experienced remarkable earnings and free-cash-flow growth in recent years, all while developing the next generation of technological…
Investment

This fund manager stopped worrying about economics. Now he is outperforming the stock market.

4 Mins read
A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 2019….
Investment

After 34 years, Japan’s Nikkei 225 completes a roundtrip

2 Mins read
The Nikkei 225 — an oddly constructed index covering the top 225 Japanese companies — is back at levels not reached since…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *