Ripple leads way as most big cryptocurrencies post declines

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple
XRPUSD
seeing the biggest move, dropping 1.94% to 38 cents.

Six additional currencies posted decreases Thursday. Dogecoin
DOGEUSD
dropped 1.61% to 8 cents, and Cardano
ADAUSD
fell 1.20% to 54 cents.

Uniswap
UNIUSD
inched down 1.20% to $8.07, while Bitcoin Cash
BCHUSD
sank 0.61% to $134.32. Litecoin
LTCUSD
slid 0.16% to $60.80.

Polkadot
DOTUSD,
which posted the smallest decrease, inched down 0.09% to $8.49

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD
seeing the largest rise at 0.35% to $23,489.95. Ethereum
ETHUSD
climbed 0.23% to $1,854.39.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 2.79% to $83.06, while MicroStrategy Inc.
MSTR
slipped 0.38% to $323.95. Riot Blockchain Inc.
RIOT
shares rose 0.24% to $8.37, and shares of Marathon Digital Holdings Inc.
MARA
slid 0.97% to $15.30.

Overstock.com Inc.
OSTK
declined 3.55% to $30.96, while Block Inc.
SQ
declined 2.01% to $78.72 and Tesla Inc.
TSLA
inched down 0.44% to $908.00.

PayPal Holdings Inc.
PYPL
fell 1.89% to $97.54, and Ebang International Holdings Inc. Cl A
EBON
shares slid 0.07% to 56 cents. NVIDIA Corp.
NVDA
climbed 0.41% to $184.09, and Advanced Micro Devices Inc.
AMD
inched down 1.89% to $97.95.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
inched down 0.22% to $23.73. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 1.13% to $8.95. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 0.90% to $14.50.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.