All of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin Cash
BCHUSD,
seeing the biggest move, dropping 6.12% to $105.27.
Ethereum
ETHUSD,
shed 5.85% to $1,222.65, and Litecoin
LTCUSD,
shed 5.75% to $49.20.
Cardano
ADAUSD,
fell 5.75% to 37 cents on Thursday, while Dogecoin
DOGEUSD,
declined 4.51% to 6 cents and Polkadot
DOTUSD,
shed 4.57% to $5.88.
Ripple
XRPUSD,
and Uniswap
UNIUSD,
fell 3.99% to 47 cents and 3.92% to $5.86
Bitcoin
BTCUSD,
posted the smallest drop with a 3.84% decline to $18,413.27.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
tumbled 10.45% to $62.64, while MicroStrategy Inc.
MSTR,
fell 7.29% to $202.45. Riot Blockchain Inc.
RIOT,
shares dropped 7.17% to $5.70, and shares of Marathon Digital Holdings Inc.
MARA,
shed 7.39% to $9.65.
Overstock.com Inc.
OSTK,
shed 6.72% to $24.60, while Block Inc.
SQ,
dropped 6.09% to $52.72 and Tesla Inc.
TSLA,
fell 4.36% to $207.76.
PayPal Holdings Inc.
PYPL,
dropped 3.05% to $81.25, and Ebang International Holdings Inc. Cl A
EBON,
shares shed 2.63% to 37 cents. NVIDIA Corp.
NVDA,
declined 3.73% to $110.71, and Advanced Micro Devices Inc.
AMD,
shed 3.05% to $55.78.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 3.39% to $17.67. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 4.95% to $5.79. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 4.55% to $10.70.
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.
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