Ripple

Ripple leads slumps as largest cryptocurrencies start mixed

The largest cryptocurrencies were mixed during morning trading on Thursday, with Ripple
XRPUSD
seeing the biggest move, dropping 1.16% to 34 cents.

Dogecoin
DOGEUSD
lead the increases with a 0.75% climb to 7 cents.

Five other currencies posted decreases Thursday. Litecoin
LTCUSD
dropped 1.14% to $73.98, and Uniswap
UNIUSD
declined 1.12% to $5.41.

Polkadot
DOTUSD
inched down 0.71% to $4.57, and Ethereum
ETHUSD
sank 1,247.33% to $1,247.33.

Bitcoin Cash
BCHUSD
recorded the smallest decline, shedding 0.09% to $101.07.

In addition to Dogecoin, two other cryptocurrencies saw increases. Cardano
ADAUSD
climbed 0.63% to 27 cents, and Bitcoin
BTCUSD
rose 0.22% to $16,857.30.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
tumbled 11.67% to $33.30, while MicroStrategy Inc.
MSTR
shed 6.77% to $153.89. Riot Platforms Inc.
RIOT
shares slid 0.39% to $3.87, and shares of Marathon Digital Holdings Inc.
MARA
shed 3.32% to $4.08.

Overstock.com Inc.
OSTK
shed 2.60% to $17.98, while Block Inc.
SQ
fell 3.24% to $64.15 and Tesla Inc.
TSLA
shed 4.00% to $109.10.

PayPal Holdings Inc.
PYPL
dropped 1.89% to $76.22, and Ebang International Holdings Inc.
EBON
shares dropped 4.15% to $3.35. NVIDIA Corp.
NVDA
fell 2.73% to $143.47, and Advanced Micro Devices Inc.
AMD
declined 1.89% to $63.47.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
shed 2.87% to $15.30. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 5.63% to $3.59. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.66% to $8.33.


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.

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