Bitcoin Cash leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin Cash
BCHUSD,
+0.61%

seeing the biggest move, tumbling 2.86% to $335.11.

Seven additional currencies posted decreases Thursday. Cardano
ADAUSD,
+0.58%

fell 2.27% to 95 cents, and Litecoin
LTCUSD,
+3.25%

fell 2.04% to $107.86.

Ethereum
ETHUSD,
+0.79%

dropped 2.04% to $3,046.72, while Uniswap
UNIUSD,
+1.08%

declined 1.85% to $9.47. Bitcoin
BTCUSD,
+0.24%

dropped 1.26% to $40,726.29.

Polkadot
DOTUSD,
+1.86%

and Ripple
XRPUSD,
-0.04%

rounded out the decreases for Thursday, dropping 1.25% to $17.96 and 0.69% to 72 cents, respectively.

On the other hand, Dogecoin
DOGEUSD,
+0.34%

posted the only increase among the largest cryptos, rising 1.56% to 14 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.85%

declined 3.40% to $149.53, while MicroStrategy Inc.
MSTR,
-3.10%

shed 1.21% to $457.96. Riot Blockchain Inc.
RIOT,
-6.50%

shares dropped 4.37% to $15.31, and shares of Marathon Digital Holdings Inc.
MARA,
-4.80%

dropped 4.48% to $21.30.

Overstock.com Inc.
OSTK,
-5.00%

dropped 2.62% to $39.37, while Block Inc.
SQ,
-3.76%

dropped 1.40% to $124.29 and Tesla Inc.
TSLA,
-3.66%

fell 2.65% to $995.27.

PayPal Holdings Inc.
PYPL,
-2.72%

sank 0.48% to $104.66, and Ebang International Holdings Inc. Cl A
EBON,
-4.55%

shares shed 1.94% to $1.08. NVIDIA Corp.
NVDA,
-4.26%

slid 0.72% to $220.43, and Advanced Micro Devices Inc.
AMD,
-4.79%

declined 0.48% to $96.34.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.00%

dropped 1.30% to $30.27. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.97%
,
which is focused on pure-play crypto companies, shed 2.15% to $14.55. Grayscale Bitcoin Trust
GBTC,
-2.36%
,
which tracks the Bitcoin market price, dropped 1.51% to $28.75.


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.

This news is republished from another source. You can check the original article here

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