Ripple leads way as most big cryptocurrencies post declines...from Cryptocurrency - Followme

20 Aug 2022, 06:36 · Views 8,771

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple XRPUSD, -1.55% seeing the biggest move, dropping 1.94% to 38 cents.

Six additional currencies posted decreases Thursday. Dogecoin DOGEUSD, -0.64% dropped 1.61% to 8 cents, and Cardano ADAUSD, -1.14% fell 1.20% to 54 cents.

Uniswap UNIUSD, -1.95% inched down 1.20% to $8.07, while Bitcoin Cash BCHUSD, -1.63% sank 0.61% to $134.32. Litecoin LTCUSD, -2.24% slid 0.16% to $60.80.

Polkadot DOTUSD, -1.80%, which posted the smallest decrease, inched down 0.09% to $8.49

On the other hand, two cryptos posted increases, with Bitcoin BTCUSD, -0.94% seeing the largest rise at 0.35% to $23,489.95. Ethereum ETHUSD, -3.03% climbed 0.23% to $1,854.39.

In crypto-related company news, shares of Coinbase Global Inc. COIN, -11.27% shed 2.79% to $83.06, while MicroStrategy Inc. MSTR, -12.76% slipped 0.38% to $323.95. Riot Blockchain Inc. RIOT, -12.44% shares rose 0.24% to $8.37, and shares of Marathon Digital Holdings Inc. MARA, -15.46% slid 0.97% to $15.30.

Overstock.com Inc. OSTK, -8.07% declined 3.55% to $30.96, while Block Inc. SQ, -6.72% declined 2.01% to $78.72 and Tesla Inc. TSLA, -2.05% inched down 0.44% to $908.00.

PayPal Holdings Inc. PYPL, -3.30% fell 1.89% to $97.54, and Ebang International Holdings Inc. Cl A EBON, -5.24% shares slid 0.07% to 56 cents. NVIDIA Corp. NVDA, -4.92% climbed 0.41% to $184.09, and Advanced Micro Devices Inc. AMD, -4.47% inched down 1.89% to $97.95.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -6.26% inched down 0.22% to $23.73. The Bitwise Crypto Industry Innovators ETF BITQ, -9.59%, which is focused on pure-play crypto companies, shed 1.13% to $8.95. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, rose 0.90% to $14.50.

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.

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