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Large cryptocurrencies were mixed during U.S. morning trading on Thursday, with Ripple seeing the biggest move, rising 6.58% to $3.22.
Ethereum led the decreases with a 4.53% drop to $3,277.62.
Four other cryptocurrencies saw increases Thursday. Chainlink increased 3.79% to $22.48, and Solana increased 2.30% to $207.66.
Cardano and Polkadot rounded out the increases, climbing 1.17% to $1.07 and 0.75% to $7.04.
In addition to Ethereum, three other currencies posted decreases. Bitcoin declined 2.06% to $97,574.50, and Dogecoin dropped 1.05% to 37 cents.
Avalanche , which rounded out the decreases, slid 0.61% to $38.94.
In crypto-related company news, shares of Coinbase Global Inc. declined 2.16% to $269.00, while MicroStrategy Inc. declined 3.78% to $347.00. Riot Platforms Inc. shares shed 2.79% to $13.09, and shares of MARA Holdings Inc. dropped 1.79% to $17.83.
Block Inc. rose 0.80% to $85.46 and Tesla Inc. shed 2.97% to $415.50.
PayPal Holdings Inc. rose 0.25% to $89.86, and Ebang International Holdings Inc. shares fell 1.96% to $6.01. NVIDIA Corp. climbed 0.46% to $136.86, and Advanced Micro Devices Inc. shed 1.12% to $118.62.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF slipped 0.80% to $45.89. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, dropped 1.41% to $18.47.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 16, 2025 10:00 ET (15:00 GMT)
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