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