Most large cryptocurrencies decline as Solana declines

Published: Oct. 12, 2023 at 10:00 a.m. ET

Most large cryptocurrencies were down during morning trading on Thursday, with Solana Solana USD seeing the biggest change, shedding 1.97% to $21.36.

Seven additional currencies posted reductions Thursday. Ripple XRP USD declined 1.49% to 48 cents, and Polkadot Polkadot USD declined 1.38% to $3.66.

Ethereum Ethereum USD dropped 1.38% to $1,546.93,…

Most large cryptocurrencies were down during morning trading on Thursday, with Solana

SOLUSD

seeing the biggest change, shedding 1.97% to $21.36.

Seven additional currencies posted reductions Thursday. Ripple

XRPUSD

declined 1.49% to 48 cents, and Polkadot

DOTUSD

declined 1.38% to $3.66.

Ethereum

ETHUSD

dropped 1.38% to $1,546.93, while Cardano

ADAUSD

slid 0.69% to 24 cents. Uniswap

UNIUSD

slid 0.56% to $4.07.

Polygon

MATICUSD

and Dogecoin

DOGEUSD

rounded out the decreases for Thursday, dropping 0.47% to 51 cents and 0.43% to 6 cents, respectively.

On the other hand, Bitcoin

BTCUSD

posted the only increase among the largest cryptos, rising 0.13% to $26,751.00.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

shed 2.59% to $75.35, while MicroStrategy Inc.

MSTR

shed 1.75% to $328.77. Riot Platforms Inc.

RIOT

shares inched down 0.69% to $9.34, and shares of Marathon Digital Holdings Inc.

MARA

climbed 0.76% to $7.96.

Overstock.com Inc.

OSTK

dropped 3.84% to $15.54, while Block Inc.

SQ

sank 0.39% to $46.51 and Tesla Inc.

TSLA

rose 0.08% to $263.21.

PayPal Holdings Inc.

PYPL

declined 1.48% to $57.21, and Ebang International Holdings Inc.

EBON

shares increased 3.17% to $7.09. NVIDIA Corp.

NVDA

climbed 0.88% to $472.20, and Advanced Micro Devices Inc.

AMD

increased 1.74% to $110.20.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

declined 1.05% to $19.77. The Bitwise Crypto Industry Innovators ETF

BITQ,

which is focused on pure-play crypto companies, declined 1.23% to $6.43. Grayscale Bitcoin Trust

GBTC,

which tracks the Bitcoin market price, sank 0.31% to $20.01.


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.