Dogecoin leads gains as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Thursday, with Dogecoin
DOGEUSD,
+7.06%
seeing the biggest move, climbing 5.13% to 8 cents.

Solana
SOLUSD,
+0.24%
led the decreases with a 3.76% drop to $62.71.

Two other cryptocurrencies saw increases Thursday. Cardano
ADAUSD,
+0.63%
rose 4.14% to 39 cents, and Uniswap
UNIUSD,
+1.87%
rose 1.37% to $5.40.

In addition to Solana, five other currencies posted reductions. Bitcoin
BTCUSD,
+1.05%
shed 2.50% to $36,723.20, and Ripple
XRPUSD,
+0.66%
declined 1.99% to 63 cents.

Ethereum
ETHUSD,
+1.03%
inched down 0.97% to $2,029.13, and Polygon
MATICUSD,
+0.43%
slid 0.90% to 90 cents.

Polkadot
DOTUSD,
+1.30%
recorded the smallest decline, falling 0.20% to $5.56.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.25%
shed 2.16% to $96.03, while MicroStrategy Inc.
MSTR,
-3.33%
dropped 2.68% to $492.41. Riot Platforms Inc.
RIOT,
-4.87%
shares dropped 6.23% to $10.02, and shares of Marathon Digital Holdings Inc.
MARA,
-4.69%
declined 6.65% to $9.56.

Block Inc.
SQ,
-0.04%
fell 1.11% to $55.68 and Tesla Inc.
TSLA,
-3.81%
shed 1.39% to $239.46.

PayPal Holdings Inc.
PYPL,
-2.45%
shed 1.85% to $57.17, and Ebang International Holdings Inc.
EBON,
-1.19%
shares shed 3.49% to $7.32. NVIDIA Corp.
NVDA,
+1.21%
inched down 0.62% to $485.87, and Advanced Micro Devices Inc.
AMD,
+1.55%
increased 1.10% to $119.30.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.68%
dropped 2.37% to $22.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.83%,
which is focused on pure-play crypto companies, shed 3.57% to $7.30. Grayscale Bitcoin Trust
GBTC,
-2.60%,
which tracks the Bitcoin market price, shed 1.71% to $29.25.

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.

Read the full article here