Most large cryptocurrencies fall as Litecoin tumbles

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Litecoin
LTCUSD,
-5.53%
seeing the biggest change, tumbling 3.92% to $126.74.

Six additional currencies posted reductions Thursday. Ripple
XRPUSD,
-5.11%
sank 0.94% to 85 cents, and Ethereum
ETHUSD,
-3.07%
slid 0.90% to $3,383.06.

Cardano
ADAUSD,
-3.48%
inched down 0.90% to $1.19, while Polkadot
DOTUSD,
-4.13%
sank 0.61% to $22.38. Bitcoin
BTCUSD,
-2.77%
inched down 0.55% to $46,974.25.

Bitcoin Cash
BCHUSD,
-0.99%,
which posted the smallest decrease, slid 0.49% to $376.95

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
-3.86%
seeing the largest rise at 1.21% to $11.85. Dogecoin
DOGEUSD,
-2.68%
climbed 0.36% to 14 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.50%
dropped 1.97% to $192.83, while MicroStrategy Inc.
MSTR,
-1.11%
rose 0.26% to $502.00. Riot Blockchain Inc.
RIOT,
-1.00%
shares rose 1.54% to $22.38, and shares of Marathon Digital Holdings Inc.
MARA,
-2.27%
rose 0.61% to $29.74.

Overstock.com Inc.
OSTK,
-4.54%
dropped 2.20% to $45.69, while Block Inc.
SQ,
-1.23%
declined 1.12% to $138.53 and Tesla Inc.
TSLA,
-0.11%
inched down 0.52% to $1,088.28.

PayPal Holdings Inc.
PYPL,
-0.48%
slipped 0.60% to $117.78, and Ebang International Holdings Inc. Cl A
EBON,
-11.65%
shares declined 5.26% to $1.26. NVIDIA Corp.
NVDA,
+0.83%
rose 0.08% to $277.13, and Advanced Micro Devices Inc.
AMD,
-6.93%
fell 0.60% to $113.17.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.59%
inched down 0.23% to $35.15. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.51%,
which is focused on pure-play crypto companies, slipped 0.33% to $18.07. Grayscale Bitcoin Trust
GBTC,
-3.52%,
which tracks the Bitcoin market price, rose 0.47% to $32.21.


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.


Be the first to comment

Leave a Reply

Your email address will not be published.


*