Published: April 20, 2023 at 10:00 a.m. ET
Most of the large cryptocurrencies were down during morning trading on Thursday, with Polygon Polygon USD seeing the biggest move, shedding 1.86% to $1.08.
Seven additional currencies posted reductions Thursday. Bitcoin Bitcoin USD shed 1.46% to $28,828.30, and Solana Solana USD inched down 0.82% to $22.86.
Dogecoin Dogecoin USD slipped 0.82%…
Most of the large cryptocurrencies were down during morning trading on Thursday, with Polygon
MATICUSD
seeing the biggest move, shedding 1.86% to $1.08.
Seven additional currencies posted reductions Thursday. Bitcoin
BTCUSD
shed 1.46% to $28,828.30, and Solana
SOLUSD
inched down 0.82% to $22.86.
Dogecoin
DOGEUSD
slipped 0.82% to 9 cents, while Ripple
XRPUSD
sank 0.60% to 49 cents. Cardano
ADAUSD
inched down 0.51% to 42 cents.
Ethereum
ETHUSD
and Polkadot
DOTUSD
rounded out the decreases for Thursday, dropping 0.43% to $1,973.19 and 0.37% to $6.37, respectively.
On the other hand, Uniswap
UNIUSD
posted the only increase among the largest cryptos, rising 0.53% to $5.93.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
rose 0.43% to $64.72, while MicroStrategy Inc.
MSTR
fell 1.95% to $308.59. Riot Platforms Inc.
RIOT
shares fell 2.02% to $11.87, and shares of Marathon Digital Holdings Inc.
MARA
fell 1.78% to $10.47.
Overstock.com Inc.
OSTK
sank 0.63% to $19.05, while Block Inc.
SQ
inched down 0.81% to $62.36 and Tesla Inc.
TSLA
declined 7.36% to $167.30.
PayPal Holdings Inc.
PYPL
dropped 1.27% to $74.36, and Ebang International Holdings Inc.
EBON
shares sank 0.50% to $6.01. NVIDIA Corp.
NVDA
slipped 0.13% to $278.95, and Advanced Micro Devices Inc.
AMD
increased 1.02% to $90.86.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
inched down 0.74% to $20.04. The Bitwise Crypto Industry Innovators ETF
BITQ
,
which is focused on pure-play crypto companies, fell 2.01% to $6.60. Grayscale Bitcoin Trust
GBTC
,
which tracks the Bitcoin market price, fell 1.84% to $16.04.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
