Connect with us

Hi, what are you looking for?

Investing

Ripple leads declines as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Thursday, with Ripple
XRPUSD,
+0.35%
seeing the biggest move, falling 1.23% to 72 cents.

Solana
SOLUSD,
+1.37%
lead the increases with a 0.83% climb to $25.47.

Four other currencies posted decreases Thursday. Bitcoin
BTCUSD,
+1.07%
sank 0.52% to $29,447.00, and Ethereum
ETHUSD,
+1.03%
inched down 0.42% to $1,874.20.

Polygon
MATICUSD,
+0.64%
and Polkadot
DOTUSD,
+0.91%
also recorded declines, falling 0.22% to 73 cents and 0.13% to $5.27, respectively.

In addition to Solana, three other cryptocurrencies saw increases. Uniswap
UNIUSD,
+2.49%
rose 0.27% to $5.90, and Cardano
ADAUSD,
+1.79%
rose 0.24% to 31 cents.

Dogecoin
DOGEUSD,
+0.58%,
which saw the smallest increase, climbed 0.19% to 8 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.49%
slid 0.02% to $99.74, while MicroStrategy Inc.
MSTR,
+2.27%
climbed 0.67% to $446.45. Riot Platforms Inc.
RIOT,
+4.63%
shares rose 0.70% to $18.58, and shares of Marathon Digital Holdings Inc.
MARA,
+4.13%
climbed 0.12% to $16.84.

Overstock.com Inc.
OSTK,
+0.20%
soared 23.34% to $38.35, while Block Inc.
SQ,
+3.76%
rallied 1.41% to $78.50 and Tesla Inc.
TSLA,
+2.88%
rose 0.78% to $266.41.

PayPal Holdings Inc.
PYPL,
+2.47%
climbed 1.12% to $74.26, and Ebang International Holdings Inc.
EBON,
+4.96%
shares climbed 4.00% to $9.38. NVIDIA Corp.
NVDA,
+1.91%
climbed 2.96% to $467.97, and Advanced Micro Devices Inc.
AMD,
+2.65%
rallied 2.33% to $112.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.98%
rose 1.48% to $26.11. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.44%,
which is focused on pure-play crypto companies, climbed 0.07% to $10.07. Grayscale Bitcoin Trust
GBTC,
+2.97%,
which tracks the Bitcoin market price, rose 0.57% to $19.37.


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

Click to comment

Leave a Reply

Your email address will not be published.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

You May Also Like

News

This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...

Videos

Watch full video on YouTube