Largest cryptocurrencies mixed as Polkadot rises

The largest cryptocurrencies were mixed during morning trading on Thursday, with Dogecoin
DOGEUSD,
-0.70%
seeing the biggest move, dropping 3.05% to 9 cents.

Polkadot
DOTUSD,
+5.41%
lead the increases with a 1.87% climb to $6.55.

Two other currencies posted reductions Thursday. Ripple
XRPUSD,
+0.74%
slipped 0.61% to 41 cents, and Bitcoin
BTCUSD,
+1.29%
sank 0.21% to $23,627.71.

In addition to Polkadot, five other cryptocurrencies saw increases. Bitcoin Cash
BCHUSD,
+3.68%
rallied 1.61% to $138.16, and Uniswap
UNIUSD,
+8.06%
rallied 1.51% to $6.97.

Ethereum
ETHUSD,
+3.62%
increased 1.25% to $1,656.19, and Cardano
ADAUSD,
+3.53%
climbed 0.97% to 40 cents.

Litecoin
LTCUSD,
+3.55%,
which saw the smallest increase, rose 0.73% to $98.74.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+27.17%
climbed 8.87% to $71.53, while MicroStrategy Inc.
MSTR,
+11.96%
climbed 3.24% to $276.59. Riot Platforms Inc.
RIOT,
+11.73%
shares rose 2.99% to $7.07, and shares of Marathon Digital Holdings Inc.
MARA,
+11.10%
increased 5.18% to $7.91.

Overstock.com Inc.
OSTK,
+2.95%
climbed 2.89% to $25.09, while Block Inc.
SQ,
+6.22%
increased 3.59% to $86.91 and Tesla Inc.
TSLA,
+7.00%
increased 3.14% to $187.11.

PayPal Holdings Inc.
PYPL,
+6.03%
increased 3.62% to $85.92, and Ebang International Holdings Inc.
EBON,
+8.14%
shares increased 5.26% to $8.61. NVIDIA Corp.
NVDA,
+4.20%
climbed 1.02% to $211.57, and Advanced Micro Devices Inc.
AMD,
+4.44%
rose 0.96% to $85.45.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+12.05%,
which is focused on pure-play crypto companies, rallied 4.27% to $6.10. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+6.10%
climbed 2.14% to $19.97. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 1.74% to $12.87.


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.