Bitcoin Cash leads drops as largest cryptocurrencies start mixed


The largest cryptocurrencies were mixed during morning trading on Thursday, with Bitcoin Cash
BCHUSD,
-1.73%

seeing the biggest move, shedding 1.82% to $131.26.

Ethereum
ETHUSD,
+1.39%

lead the increases with a 1.51% climb to $1,708.86.

Five other currencies posted decreases Thursday. Uniswap
UNIUSD,
-1.39%

dropped 1.78% to $7.07, and Litecoin
LTCUSD,
-1.01%

shed 1.15% to $56.69.

Polkadot
DOTUSD,
-1.03%

inched down 0.89% to $7.63, and Ripple
XRPUSD,
-0.51%

slipped 0.35% to 35 cents.

Cardano
ADAUSD,
-0.14%

recorded the smallest decline, tumbling 0.15% to 47 cents.

In addition to Ethereum, two other cryptocurrencies saw increases. Dogecoin
DOGEUSD,
+0.31%

rose 0.58% to 7 cents, and Bitcoin
BTCUSD,
-0.04%

climbed 0.18% to $21,736.19.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.44%

climbed 0.29% to $71.69, while MicroStrategy Inc.
MSTR,
+0.83%

rose 1.43% to $278.34. Riot Blockchain Inc.
RIOT,
+2.19%

shares rallied 2.88% to $7.50, and shares of Marathon Digital Holdings Inc.
MARA,
+1.74%

rallied 2.32% to $14.10.

Overstock.com Inc.
OSTK,
+1.65%

climbed 2.13% to $27.62, while Block Inc.
SQ,
+1.81%

rose 1.80% to $73.93 and Tesla Inc.
TSLA,
-0.25%

rose 0.08% to $297.34.

PayPal Holdings Inc.
PYPL,
+1.63%

rallied 1.94% to $95.58, and Ebang International Holdings Inc. Cl A
EBON,
+4.71%

shares rallied 6.23% to 51 cents. NVIDIA Corp.
NVDA,
+1.06%

climbed 0.05% to $172.30, and Advanced Micro Devices Inc.
AMD,
+3.79%

rose 1.94% to $95.64.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.19%

rallied 1.05% to $22.06. The Bitwise Crypto Industry Innovators ETF
BITQ,
+1.61%
,
which is focused on pure-play crypto companies, rose 0.37% to $8.10. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, inched down 0.29% to $13.55.


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.



Source link

Previous articleSamsung Smart TV Owners Can Now Enjoy Apple TV+ Free for Three Months
Next articleMacBook Air M2 vs. MacBook Pro M2: Which should you buy?