Polkadot leads drops as largest cryptocurrencies start mixed

The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano
ADAUSD,
-2.17%

seeing the biggest move, rising 8.99% to $1.16.

Polkadot
DOTUSD,
-2.11%

led the decreases with a 1.73% drop to $20.59.

Five other cryptocurrencies saw increases Thursday. Dogecoin
DOGEUSD,
-1.54%

rallied 4.97% to 13 cents, and Uniswap
UNIUSD,
-2.56%

rose 4.75% to $10.28.

Ethereum
ETHUSD,
-1.66%

rallied 1.57% to $3,028.82, and Bitcoin
BTCUSD,
-1.15%

rallied 1.57% to $43,014.34.

Ripple
XRPUSD,
-1.74%

saw the smallest increase, rising rose 0.57% to 83 cents.

In addition to Polkadot, two other currencies posted decreases. Bitcoin Cash
BCHUSD,
-2.79%

slipped 0.42% to $356.22, and Litecoin
LTCUSD,
-1.24%

slipped 0.27% to $121.53.

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

rose 0.40% to $183.84, while MicroStrategy Inc.
MSTR,
-3.10%

rose 1.04% to $455.36. Riot Blockchain Inc.
RIOT,
-6.50%

shares slid 0.65% to $20.71, and shares of Marathon Digital Holdings Inc.
MARA,
-4.80%

slipped 0.92% to $28.98.

Overstock.com Inc.
OSTK,
-5.00%

fell 3.27% to $47.40, while Block Inc.
SQ,
-3.76%

dropped 1.31% to $133.63 and Tesla Inc.
TSLA,
-3.66%

rose 0.63% to $1,005.43.

PayPal Holdings Inc.
PYPL,
-2.72%

climbed 0.73% to $115.49, and Ebang International Holdings Inc. Cl A
EBON,
-4.55%

shares sank 0.38% to $1.33. NVIDIA Corp.
NVDA,
-4.26%

climbed 3.22% to $264.60, and Advanced Micro Devices Inc.
AMD,
-4.79%

rose 0.73% to $114.95.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-3.97%
,
which is focused on pure-play crypto companies, increased 1.77% to $17.73. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.00%

rose 0.59% to $34.38. Grayscale Bitcoin Trust
GBTC,
-2.36%
,
which tracks the Bitcoin market price, climbed 2.76% to $29.40.


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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