Cryptocurrency Market Update

Most large cryptocurrencies experienced a decline during morning trading on Thursday. Ripple XRPUSD (-1.25%) saw the biggest move, declining by 1.24% to 48 cents.

Decreases:

• Ethereum ETHUSD (-0.53%) inched down 0.48% to $1,554.87
• Uniswap UNIUSD (-0.54%) slid 0.43% to $3.90
• Polygon MATICUSD (-0.51%) slipped 0.43% to 51 cents
• Polkadot DOTUSD (-0.38%) slid 0.31% to $3.63
• Dogecoin DOGEUSD (-0.23%) inched down 0.17% to 6 cents
• Cardano ADAUSD (-0.09%) sank 0.10% to 24 cents, posting the smallest decrease

Increases:

• Solana SOLUSD (+2.15%) saw the largest rise at 1.98% to $24.17
• Bitcoin BTCUSD (+0.76%) climbed 0.81% to $28,493.80

Crypto-Related Company News:

• Coinbase Global Inc. COIN (+0.78%) climbed 0.42% to $74.24
• MicroStrategy Inc. MSTR (+0.58%) climbed 0.27% to $330.03
• Riot Platforms Inc. RIOT (-0.85%) shares shed 1.41% to $8.72
• Marathon Digital Holdings Inc. MARA (+0.26%) held steady at $7.74
• Overstock.com Inc. OSTK (-4.37%) shed 4.85% to $16.35
• Block Inc. SQ (+1.03%) rose 0.83% to $44.95
• Tesla Inc. TSLA (-7.79%) declined 7.87% to $223.57
• PayPal Holdings Inc. PYPL (+0.14%) rose 0.13% to $55.87
• Ebang International Holdings Inc. EBON (-0.70%) shares inched down 0.70% to $7.10
• NVIDIA Corp. NVDA (+0.96%) increased 1.18% to $426.93
• Advanced Micro Devices Inc. AMD (+1.95%) climbed 1.71% to $103.92

Fund Update:

• Amplify Transformational Data Sharing ETF BLOK (-0.20%) sank 0.20% to $19.56. It focuses on blockchain technology.
• The Bitwise Crypto Industry Innovators ETF BITQ (-0.50%), which focuses on pure-play crypto companies, slid 0.50% to $6.24.
• Grayscale Bitcoin Trust GBTC (-0.17%), which tracks the Bitcoin market price, sank 0.05% to $22.20.