Largest cryptocurrencies mixed as Cardano rises

The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano
ADAUSD,
-0.12%

seeing the biggest move, rallying 2.82% to 85 cents.

Polkadot
DOTUSD,
+0.62%

led the decreases with a 0.57% drop to $19.01.

Five other cryptocurrencies saw increases Thursday. Uniswap
UNIUSD,
-0.43%

increased 2.37% to $9.35, and Ethereum
ETHUSD,
-0.13%

rose 1.67% to $2,820.97.

Ripple
XRPUSD,
+0.53%

increased 1.21% to 80 cents, and Dogecoin
DOGEUSD,
+0.53%

rose 1.05% to 12 cents.

Litecoin
LTCUSD,
-0.04%

saw the smallest increase, rising climbed 0.82% to $110.93.

In addition to Polkadot, two other currencies posted decreases. Bitcoin Cash
BCHUSD,
+0.21%

inched down 0.48% to $298.86, and Bitcoin
BTCUSD,
+0.03%

slipped 0.31% to $41,123.37.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+4.92%

rallied 1.86% to $175.74, while MicroStrategy Inc.
MSTR,
+4.65%

climbed 2.62% to $440.00. Riot Blockchain Inc.
RIOT,
+5.97%

shares rose 6.10% to $17.39, and shares of Marathon Digital Holdings Inc.
MARA,
+4.73%

rallied 6.03% to $25.69.

Overstock.com Inc.
OSTK,
+0.44%

increased 4.23% to $50.54, while Block Inc.
SQ,
+9.91%

rallied 5.38% to $122.29 and Tesla Inc.
TSLA,
+3.88%

climbed 1.34% to $851.52.

PayPal Holdings Inc.
PYPL,
+5.89%

rallied 1.39% to $109.42, and Ebang International Holdings Inc. Cl A
EBON,
+15.93%

shares rallied 5.75% to $1.20. NVIDIA Corp.
NVDA,
+6.81%

rose 0.86% to $247.05, and Advanced Micro Devices Inc.
AMD,
+1.58%

fell 1.39% to $114.02.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+4.86%
,
which is focused on pure-play crypto companies, climbed 1.97% to $15.81. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.52%

climbed 1.25% to $32.50. Grayscale Bitcoin Trust
GBTC,
+3.80%
,
which tracks the Bitcoin market price, slipped 0.75% to $27.30.


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.

Source: https://www.marketwatch.com/story/largest-cryptocurrencies-mixed-as-cardano-rises-01647525625-e5f543dea51a?siteid=yhoof2&yptr=yahoo