Bitcoin leads drops as largest cryptocurrencies start mixed

The largest cryptocurrencies were mixed during morning trading on Thursday, with Bitcoin
BTCUSD,
-3.92%

seeing the biggest move, dropping 2.38% to $22,750.34.

Uniswap
UNIUSD,
+1.03%

lead the increases with a 1.30% climb to $7.00.

Five other currencies posted drops Thursday. Ripple
XRPUSD,
-3.42%

declined 2.01% to 35 cents, and Cardano
ADAUSD,
-3.62%

declined 1.84% to 48 cents.

Polkadot
DOTUSD,
-3.35%

dropped 1.54% to $7.37, and Ethereum
ETHUSD,
-2.65%

declined 1,505.60% to $1,505.60.

Litecoin
LTCUSD,
-2.38%

recorded the smallest decline, declining 0.88% to $56.63.

In addition to Uniswap, two other cryptocurrencies saw increases. Bitcoin Cash
BCHUSD,
-0.52%

climbed 0.62% to $122.48, and Dogecoin
DOGEUSD,
-2.09%

rose 0.19% to 7 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.28%

shed 3.24% to $72.84, while MicroStrategy Inc.
MSTR,
-5.81%

shed 1.73% to $283.78. Riot Blockchain Inc.
RIOT,
-3.56%

shares increased 2.28% to $7.18, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%

climbed 1.60% to $12.67.

Overstock.com Inc.
OSTK,
-3.30%

climbed 0.24% to $29.16, while Block Inc.
SQ,
-2.89%

inched down 0.31% to $74.55 and Tesla Inc.
TSLA,
+4.87%

rose 6.24% to $788.81.

PayPal Holdings Inc.
PYPL,
+0.54%

increased 2.89% to $82.56, and Ebang International Holdings Inc. Cl A
EBON,
-4.60%

shares declined 4.31% to 57 cents. NVIDIA Corp.
NVDA,
-1.22%

rose 0.58% to $179.10, and Advanced Micro Devices Inc.
AMD,
-1.14%

rose 2.89% to $89.70.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-3.16%
,
which is focused on pure-play crypto companies, slipped 0.06% to $8.08. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.47%

slipped 0.60% to $21.72. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 4.56% to $14.87.


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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