Bitcoin Cash leads way as largest cryptocurrencies decrease

All of the largest cryptocurrencies were down during morning trading on Thursday, with Bitcoin Cash
BCHUSD
seeing the biggest move, tumbling 10.50% to $110.55.

Polkadot
DOTUSD
declined 8.60% to $7.31, and Litecoin
LTCUSD
fell 7.38% to $45.05.

Ethereum
ETHUSD
declined 7.38% to $1,096.55 on Thursday, while Cardano
ADAUSD
dropped 4.90% to 49 cents and Uniswap
UNIUSD
dropped 6.82% to $3.93.

Ripple
XRPUSD
and Dogecoin
DOGEUSD
fell 3.69% to 31 cents and 3.43% to 6 cents

Bitcoin
BTCUSD
posted the smallest drop with a 3.10% decline to $21,012.81.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 7.91% to $50.66, while MicroStrategy Inc.
MSTR
shed 7.21% to $158.98. Riot Blockchain Inc.
RIOT
shares fell 8.59% to $4.44, and shares of Marathon Digital Holdings Inc.
MARA
declined 6.40% to $6.43.

Overstock.com Inc.
OSTK
dropped 5.18% to $29.01, while Block Inc.
SQ
dropped 8.07% to $57.83 and Tesla Inc.
TSLA
declined 6.24% to $655.38.

PayPal Holdings Inc.
PYPL
fell 4.97% to $72.06, and Ebang International Holdings Inc. Cl A
EBON
shares fell 4.03% to 63 cents. NVIDIA Corp.
NVDA
dropped 5.77% to $155.73, and Advanced Micro Devices Inc.
AMD
declined 4.97% to $84.01.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
declined 3.84% to $18.55. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 6.05% to $6.06. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 3.56% to $13.56.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.