Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple /zigman2/quotes/108573966/realtime XRPUSD -4.19% seeing the biggest move, dropping 1.94% to 38 cents.
Six additional currencies posted decreases Thursday. Dogecoin /zigman2/quotes/226077044/realtime DOGEUSD -1.98% dropped 1.61% to 8 cents, and Cardano /zigman2/quotes/226258619/realtime ADAUSD -2.72% fell 1.20% to 54 cents.
Uniswap /zigman2/quotes/226259541/realtime UNIUSD -0.62% inched down 1.20% to $8.07, while Bitcoin Cash /zigman2/quotes/108573970/realtime BCHUSD -2.70% sank 0.61% to $134.32. Litecoin /zigman2/quotes/108573968/realtime LTCUSD -1.66% slid 0.16% to $60.80.
Polkadot /zigman2/quotes/226258900/realtime DOTUSD -1.55% , which posted the smallest decrease, inched down 0.09% to $8.49
On the other hand, two cryptos posted increases, with Bitcoin /zigman2/quotes/31322028/realtime BTCUSD -2.00% seeing the largest rise at 0.35% to $23,489.95. Ethereum /zigman2/quotes/108573964/realtime ETHUSD -3.09% climbed 0.23% to $1,854.39.
In crypto-related company news, shares of Coinbase Global Inc. /zigman2/quotes/225893452/composite COIN +1.24% shed 2.79% to $83.06, while MicroStrategy Inc. /zigman2/quotes/202561856/composite MSTR +2.94% slipped 0.38% to $323.95. Riot Blockchain Inc. /zigman2/quotes/209538617/composite RIOT +1.94% shares rose 0.24% to $8.37, and shares of Marathon Digital Holdings Inc. /zigman2/quotes/205886758/composite MARA +2.71% slid 0.97% to $15.30.
Overstock.com Inc. /zigman2/quotes/200022359/composite OSTK +0.56% declined 3.55% to $30.96, while Block Inc. /zigman2/quotes/205989440/composite SQ +1.74% declined 2.01% to $78.72 and Tesla Inc. /zigman2/quotes/203558040/lastsale TSLA +2.51% inched down 0.44% to $908.00.
PayPal Holdings Inc. /zigman2/quotes/208054269/composite PYPL +1.77% fell 1.89% to $97.54, and Ebang International Holdings Inc. Cl A /zigman2/quotes/219243771/composite EBON -1.09% shares slid 0.07% to 56 cents. NVIDIA Corp. /zigman2/quotes/200467500/composite NVDA +1.51% climbed 0.41% to $184.09, and Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD +1.31% inched down 1.89% to $97.95.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF /zigman2/quotes/204122720/composite BLOK +0.71% inched down 0.22% to $23.73. The Bitwise Crypto Industry Innovators ETF /zigman2/quotes/226726487/composite BITQ +2.09% , which is focused on pure-play crypto companies, shed 1.13% to $8.95. Grayscale Bitcoin Trust /zigman2/quotes/203330852/delayed GBTC -0.26% , which tracks the Bitcoin market price, rose 0.90% to $14.50.