Cryptocurrency Market Update

Overview

The cryptocurrency market experienced mixed performance during morning trading on Thursday. While several major cryptocurrencies witnessed a decline, two coins managed to make gains. Here are the key details:

Declining Cryptocurrencies

Solana (SOLUSD) – Down 9.13% to $99.10

Solana saw the biggest drop among major cryptocurrencies, shedding 9.13% of its value.

Polkadot (DOTUSD) – Down 4.54% to $8.39

Polkadot experienced a decrease of 4.54% and is now priced at $8.39.

Cardano (ADAUSD) – Down 3.31% to $0.62

Cardano dropped by 3.31%, with its current value standing at 62 cents.

Polygon (MATICUSD) – Down 3.31% to $1.01

Polygon recorded a decline of 2.11%, with its price now at $1.01.

Dogecoin (DOGEUSD) – Down 1.80% to $0.09

Dogecoin experienced a decrease of 1.80% and is currently priced at 9 cents.

Bitcoin (BTCUSD) – Down 1.69% to $42,633.80

Bitcoin witnessed a decrease of 1.69% and is now valued at $42,633.80.

Ripple (XRPUSD) – Down 0.78% to $0.63

Ripple saw the smallest decrease, sliding by just 0.78% to reach a price of 63 cents.

Rising Cryptocurrencies

Uniswap (UNIUSD) – Up 7.16% to $7.77

Uniswap experienced the largest rise among major cryptocurrencies, climbing 7.16% to reach a value of $7.77.

Ethereum (ETHUSD) – Up 0.32% to $2,367.78

Ethereum made a modest gain of 0.32% and is now priced at $2,367.78.

Cryptocurrency Company News

In the crypto-related company news, several firms saw changes in their stock prices:

Coinbase Global Inc. (COIN) – Down 1.61% to $182.27

Shares of Coinbase Global Inc. shed 1.61% of their value, reaching $182.27.

MicroStrategy Inc. (MSTR) – Up 0.22% to $672.19

MicroStrategy Inc. witnessed a slight increase of 0.22%, with its stock now priced at $672.19.

Riot Platforms Inc. (RIOT) – Down 3.79% to $17.92

Shares of Riot Platforms Inc. experienced a decrease of 3.79%, bringing their value down to $17.92.

Marathon Digital Holdings Inc. (MARA) – Down 5.12% to $29.48

Shares of Marathon Digital Holdings Inc. fell by 5.12%, reaching $29.48.

Block Inc. (SQ) – Up 0.11% to $79.69

Block Inc. saw a minimal increase of 0.11% and is currently priced at $79.69.

Tesla Inc. (TSLA) – Down 0.05% to $261.32

Tesla Inc.’s stock inched down by 0.05% to reach a price of $261.32.

PayPal Holdings Inc. (PYPL) – Up 0.08% to $62.73

Shares of PayPal Holdings Inc. rose by 0.08% and are now valued at $62.73.

Ebang International Holdings Inc. (EBON) – Down 5.24% to $17.01

Ebang International Holdings Inc. witnessed a decline of 5.24% and is currently priced at $17.01.

NVIDIA Corp. (NVDA) – Up 0.25% to $495.39

NVIDIA Corp. experienced a slight increase of 0.25%, with its stock now valued at $495.39.

Advanced Micro Devices Inc. (AMD) – Up 0.86% to $147.33

Advanced Micro Devices Inc. made a gain of 0.86% and is currently priced at $147.33.

Cryptocurrency Funds

In the fund space, three blockchain-focused ETFs witnessed changes in their prices:

Amplify Transformational Data Sharing ETF (BLOK) – Down 1.21% to $31.77

The blockchain-focused Amplify Transformational Data Sharing ETF shed 1.21% of its value, reaching $31.77.

Bitwise Crypto Industry Innovators ETF (BITQ) – Down 2.88% to $13.17

The Bitwise Crypto Industry Innovators ETF, which focuses on pure-play crypto companies, declined by 2.88%, bringing its price down to $13.17.

Grayscale Bitcoin Trust (GBTC) – Down 1.66% to $35.65

Grayscale Bitcoin Trust, which tracks the Bitcoin market price, dropped 1.66% and is now valued at $35.65.