Most of the largest cryptocurrencies were down during morning trading on Thursday, with Cardano
seeing the biggest move, falling 9.23% to 45 cents.
On the other hand, Bitcoin Cash
posted the only increase among the largest cryptos, rising 3.75% to $191.09.
In crypto-related company news, shares of Coinbase Global Inc.
plunged 13.79% to $46.31, while MicroStrategy Inc.
tumbled 12.06% to $147.91. Riot Blockchain Inc.
shares declined 4.68% to $6.52, and shares of Marathon Digital Holdings Inc.
declined 9.82% to $9.00.
PayPal Holdings Inc.
fell 2.12% to $73.58, and Ebang International Holdings Inc. Cl A
shares dropped 6.99% to 67 cents. NVIDIA Corp.
fell 4.57% to $158.70, and Advanced Micro Devices Inc.
fell 2.12% to $84.11.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
shed 4.78% to $20.28. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, declined 9.23% to $7.04. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 6.50% to $17.85.
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