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Ripple leads increases as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Thursday, with Ripple
XRPUSD,
+0.95%
seeing the biggest move, rallying 4.12% to 47 cents.

Polygon
MATICUSD,
+1.56%
led the decreases with a 2.62% drop to 87 cents.

Two other cryptocurrencies saw increases Thursday. Uniswap
UNIUSD,
+0.74%
rose 0.45% to $5.31, and Cardano
ADAUSD,
-0.89%
rose 0.23% to 38 cents.

In addition to Polygon, five other currencies posted reductions. Solana
SOLUSD,
-0.15%
declined 1.95% to $20.63, and Dogecoin
DOGEUSD,
+1.35%
declined 1.08% to 7 cents.

Ethereum
ETHUSD,
+0.80%
inched down 0.43% to $1,818.26, and Bitcoin
BTCUSD,
+0.35%
slipped 27,255.20% to $27,255.20.

Polkadot
DOTUSD,
+0.79%
recorded the smallest decline, falling 0.12% to $5.41.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.63%
dropped 1.77% to $59.96, while MicroStrategy Inc.
MSTR,
+0.15%
slid 0.20% to $290.00. Riot Platforms Inc.
RIOT,
+0.41%
shares rose 0.43% to $11.58, and shares of Marathon Digital Holdings Inc.
MARA,
-2.13%
sank 0.45% to $10.05.

Overstock.com Inc.
OSTK,
-2.83%
declined 1.34% to $18.47, while Block Inc.
SQ,
-1.39%
climbed 1.18% to $58.44 and Tesla Inc.
TSLA,
+1.89%
inched down 0.35% to $173.26.

PayPal Holdings Inc.
PYPL,
-0.55%
slipped 0.46% to $61.18, and Ebang International Holdings Inc.
EBON,
+2.37%
shares fell 4.01% to $5.50. NVIDIA Corp.
NVDA,
-1.24%
rose 1.97% to $307.72, and Advanced Micro Devices Inc.
AMD,
-1.85%
rallied 1.57% to $105.38.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.75%,
which is focused on pure-play crypto companies, slid 0.29% to $6.80. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.10%
inched down 0.79% to $20.03. Grayscale Bitcoin Trust
GBTC,
-0.44%,
which tracks the Bitcoin market price, inched down 0.67% to $14.92.


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.

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