Ripple leads way as most big cryptocurrencies post decreases
Published: July 6, 2023 at 10:00 a.m. ET
Most large cryptocurrencies were down during morning trading on Thursday, with Ripple XRP USD seeing the biggest move, dropping 1.54% to 47 cents.
Seven additional currencies posted decreases Thursday. Dogecoin Dogecoin USD shed 1.43% to 7 cents, and Ethereum Ethereum USD declined 1.03% to $1,890.37.
Polkadot Polkadot USD inched down 1.03%…
Most large cryptocurrencies were down during morning trading on Thursday, with Ripple
XRPUSD
seeing the biggest move, dropping 1.54% to 47 cents.
Seven additional currencies posted decreases Thursday. Dogecoin
DOGEUSD
shed 1.43% to 7 cents, and Ethereum
ETHUSD
declined 1.03% to $1,890.37.
Polkadot
DOTUSD
inched down 1.03% to $5.15, while Bitcoin
BTCUSD
slid 0.42% to $30,353.40. Cardano
ADAUSD
inched down 0.19% to 28 cents.
Uniswap
UNIUSD
and Polygon
MATICUSD
rounded out the decreases for Thursday, dropping 0.19% to $5.37 and 0.15% to 67 cents, respectively.
On the other hand, Solana
SOLUSD
posted the only increase among the largest cryptos, rising 3.90% to $19.47.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 3.68% to $75.47, while MicroStrategy Inc.
MSTR
declined 2.03% to $370.44. Riot Platforms Inc.
RIOT
shares declined 3.79% to $13.08, and shares of Marathon Digital Holdings Inc.
MARA
fell 4.18% to $14.91.
Overstock.com Inc.
OSTK
shed 8.35% to $28.55, while Block Inc.
SQ
declined 6.19% to $64.70 and Tesla Inc.
TSLA
dropped 2.88% to $274.34.
PayPal Holdings Inc.
PYPL
fell 3.65% to $66.34, and Ebang International Holdings Inc.
EBON
shares climbed NaN% to $7.28. NVIDIA Corp.
NVDA
fell 1.88% to $415.22, and Advanced Micro Devices Inc.
AMD
declined 2.84% to $110.71.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 2.40% to $23.16. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 3.15% to $8.60. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.70% to $20.00.
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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