Cardano leads way as most big cryptocurrencies post drops

Litecoin
LTCUSD,
-6.82%
declined 6.68% to $61.40, while Dogecoin
DOGEUSD,
-5.96%
shed 6.37% to 7 cents. Polkadot
DOTUSD,
-1.20%
fell 1.30% to $8.10.

Ripple
XRPUSD,
-1.00%
and Bitcoin
BTCUSD,
-1.29%
rounded out the decreases for Thursday, dropping 0.68% to 37 cents and 0.61% to $28,142.43, respectively.

On the other hand, Bitcoin Cash
BCHUSD,
+2.71%
posted the only increase among the largest cryptos, rising 3.75% to $191.09.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-9.72%
plunged 13.79% to $46.31, while MicroStrategy Inc.
MSTR,
-13.45%
tumbled 12.06% to $147.91. Riot Blockchain Inc.
RIOT,
-4.82%
shares declined 4.68% to $6.52, and shares of Marathon Digital Holdings Inc.
MARA,
-9.12%
declined 9.82% to $9.00.

Overstock.com Inc.
OSTK,
+0.89%
slid 0.68% to $29.13, while Block Inc.
SQ,
-0.98%
fell 3.05% to $69.05 and Tesla Inc.
TSLA,
-4.49%
dropped 4.53% to $700.72.

PayPal Holdings Inc.
PYPL,
-1.18%
fell 2.12% to $73.58, and Ebang International Holdings Inc. Cl A
EBON,
-7.48%
shares dropped 6.99% to 67 cents. NVIDIA Corp.
NVDA,
-4.73%
fell 4.57% to $158.70, and Advanced Micro Devices Inc.
AMD,
-4.36%
fell 2.12% to $84.11.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-4.23%
shed 4.78% to $20.28. The Bitwise Crypto Industry Innovators ETF
BITQ,
-9.35%,
which is focused on pure-play crypto companies, declined 9.23% to $7.04. Grayscale Bitcoin Trust
GBTC,
-4.79%,
which tracks the Bitcoin market price, fell 6.50% to $17.85.

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.