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Litecoin leads way as most big cryptocurrencies post drops

Lincoln Cavenagh by Lincoln Cavenagh
March 30, 2023
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Most large cryptocurrencies decrease on Polkadot, Litecoin drops
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Published: March 30, 2023 at 10:00 a.m. ET

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Most of the largest cryptocurrencies were down during morning trading on Thursday, with Litecoin Litecoin USD seeing the biggest move, tumbling 2.45% to $89.82.

Seven additional currencies posted drops Thursday. Cardano Cardano USD declined 2.05% to 38 cents, and Ripple XRP USD fell 1.98% to 54 cents.

Dogecoin Dogecoin USD fell 1.98% to 7…

Most of the largest cryptocurrencies were down during morning trading on Thursday, with Litecoin

LTCUSD

seeing the biggest move, tumbling 2.45% to $89.82.

Seven additional currencies posted drops Thursday. Cardano

ADAUSD

declined 2.05% to 38 cents, and Ripple

XRPUSD

fell 1.98% to 54 cents.

Dogecoin

DOGEUSD

fell 1.98% to 7 cents, while Polkadot

DOTUSD

slipped 0.73% to $6.14. Bitcoin Cash

BCHUSD

slipped 0.72% to $122.93.

Uniswap

UNIUSD

and Ethereum

ETHUSD

rounded out the decreases for Thursday, dropping 0.50% to $5.95 and 0.37% to $1,796.38, respectively.

On the other hand, Bitcoin

BTCUSD

posted the only increase among the largest cryptos, rising 0.42% to $28,515.00.

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

COIN

rose 2.34% to $66.83, while MicroStrategy Inc.

MSTR

sank 0.36% to $283.00. Riot Platforms Inc.

RIOT

shares increased 1.95% to $9.41, and shares of Marathon Digital Holdings Inc.

MARA

climbed 1.19% to $8.05.

Overstock.com Inc.

OSTK

rose 0.39% to $20.42, while Block Inc.

SQ

climbed 4.82% to $69.70 and Tesla Inc.

TSLA

rose 1.04% to $195.90.

PayPal Holdings Inc.

PYPL

climbed 1.04% to $74.95, and Ebang International Holdings Inc.

EBON

shares rallied 4.27% to $7.32. NVIDIA Corp.

NVDA

rallied 1.21% to $273.11, and Advanced Micro Devices Inc.

AMD

rose 3.32% to $99.28.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, increased 1.42% to $5.64. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

climbed 0.50% to $18.98. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, rose 1.20% to $16.03.


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.



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