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Most large cryptocurrencies decline as Solana declines

Most large cryptocurrencies were down during morning trading on Thursday, with Solana
SOLUSD,
+1.51%
seeing the biggest change, shedding 1.97% to $21.36.

Seven additional currencies posted reductions Thursday. Ripple
XRPUSD,
+0.16%
declined 1.49% to 48 cents, and Polkadot
DOTUSD,
+1.31%
declined 1.38% to $3.66.

Ethereum
ETHUSD,
+0.96%
dropped 1.38% to $1,546.93, while Cardano
ADAUSD,
+1.04%
slid 0.69% to 24 cents. Uniswap
UNIUSD,
+0.42%
slid 0.56% to $4.07.

Polygon
MATICUSD,
+1.64%
and Dogecoin
DOGEUSD,
+1.27%
rounded out the decreases for Thursday, dropping 0.47% to 51 cents and 0.43% to 6 cents, respectively.

On the other hand, Bitcoin
BTCUSD,
+0.45%
posted the only increase among the largest cryptos, rising 0.13% to $26,751.00.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.79%
shed 2.59% to $75.35, while MicroStrategy Inc.
MSTR,
-3.29%
shed 1.75% to $328.77. Riot Platforms Inc.
RIOT,
-2.18%
shares inched down 0.69% to $9.34, and shares of Marathon Digital Holdings Inc.
MARA,
-1.52%
climbed 0.76% to $7.96.

Overstock.com Inc.
OSTK,
-6.99%
dropped 3.84% to $15.54, while Block Inc.
SQ,
-2.66%
sank 0.39% to $46.51 and Tesla Inc.
TSLA,
-1.57%
rose 0.08% to $263.21.

PayPal Holdings Inc.
PYPL,
-2.95%
declined 1.48% to $57.21, and Ebang International Holdings Inc.
EBON,
+0.44%
shares increased 3.17% to $7.09. NVIDIA Corp.
NVDA,
+0.30%
climbed 0.88% to $472.20, and Advanced Micro Devices Inc.
AMD,
+0.44%
increased 1.74% to $110.20.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.90%
declined 1.05% to $19.77. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.30%,
which is focused on pure-play crypto companies, declined 1.23% to $6.43. Grayscale Bitcoin Trust
GBTC,
-0.25%,
which tracks the Bitcoin market price, sank 0.31% to $20.01.


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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