All of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin Cash
seeing the biggest move, dropping 6.12% to $105.27.
posted the smallest drop with a 3.84% decline to $18,413.27.
In crypto-related company news, shares of Coinbase Global Inc.
tumbled 10.45% to $62.64, while MicroStrategy Inc.
fell 7.29% to $202.45. Riot Blockchain Inc.
shares dropped 7.17% to $5.70, and shares of Marathon Digital Holdings Inc.
shed 7.39% to $9.65.
PayPal Holdings Inc.
dropped 3.05% to $81.25, and Ebang International Holdings Inc. Cl A
shares shed 2.63% to 37 cents. NVIDIA Corp.
declined 3.73% to $110.71, and Advanced Micro Devices Inc.
shed 3.05% to $55.78.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
declined 3.39% to $17.67. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, fell 4.95% to $5.79. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, dropped 4.55% to $10.70.
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