During morning trading on Thursday, the performance of large cryptocurrencies was mixed. Notably, Solana (SOLUSD) showed the largest increase, climbing 1.84% to reach $88.00. On the other hand, Ripple (XRPUSD) experienced a decrease, dropping 1.26% to 51 cents.
Positive Movements
Several other cryptocurrencies saw increases on Thursday. Polkadot (DOTUSD) increased by 1.74% to reach $6.45, while Cardano (ADAUSD) climbed 0.71% to 47 cents. Bitcoin (BTCUSD), with the smallest increase, rose 0.63% to $40,000.00.
Negative Movements
Apart from Ripple, three other currencies posted decreases. Dogecoin (DOGEUSD) slid 0.73% to 8 cents, and Uniswap (UNIUSD) slipped 0.64% to $5.76. Ethereum (ETHUSD), which rounded out the decreases, slid 0.16% to $2,210.80.
Company News
In terms of crypto-related company news, Coinbase Global Inc. (COIN) saw a rise of 1.96% to $123.72, while MicroStrategy Inc. (MSTR) climbed 0.78% to $454.52. Riot Platforms Inc. (RIOT) shares increased 3.77% to $10.45, and Marathon Digital Holdings Inc. (MARA) increased 4.82% to $16.41.
Block Inc. (SQ) experienced a slight increase of 0.06% to $62.61, while Tesla Inc. (TSLA) declined by 8.63% to $189.90. Meanwhile, PayPal Holdings Inc. (PYPL) rose 0.02% to $63.03, and Ebang International Holdings Inc. (EBON) shares remained flat at $10.00. NVIDIA Corp. (NVDA) rose 0.93% to $619.33, and Advanced Micro Devices Inc. (AMD) rose 0.62% to $179.39.
ETF Performance
In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) climbed 1.41% to $26.53. Additionally, the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, experienced an increase of 0.79% to reach $8.22.
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