Most big cryptocurrencies decrease on Dogecoin, Cardano drops
Most large cryptocurrencies were down during U.S. morning trading on Thursday, with Dogecoin seeing the biggest move, shedding 2.20% to 17 cents.
Six additional currencies posted drops Thursday. Cardano fell 2.20% to 71 cents, and Bitcoin shed 1.81% to $81,594.00.
Ethereum shed 1.81% to $1,867.68, while Avalanche declined 1.24% to $18.35. Solana slipped 0.97% to $123.97.
Sui which posted the smallest decrease, sank 0.64% to $2.22
On the other hand, two cryptos posted increases, with XRP seeing the largest rise at 2.18% to $2.28. Tronix rose 0.96% to 23 cents.
In crypto-related company news, shares of Coinbase Global Inc. dropped 6.11% to $180.01, while MicroStrategy Inc. shed 3.22% to $254.10. Riot Platforms Inc. shares dropped 3.95% to $7.54, and shares of MARA Holdings Inc. dropped 3.65% to $12.63.
Block Inc. shed 2.83% to $54.32 and Tesla Inc. shed 5.47% to $234.53.
PayPal Holdings Inc. slid 0.95% to $67.97, and Ebang International Holdings Inc. shares climbed 2.13% to $4.30. NVIDIA Corp. shed 1.58% to $113.92, and Advanced Micro Devices Inc. declined 2.77% to $98.00.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF shed 2.49% to $37.52. The Bitwise Crypto Industry Innovators ETF which is focused on pure-play crypto companies, fell 3.26% to $13.06.
Source: msn
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