Largest cryptocurrencies drop on Dogecoin, Uniswap declines

MarketWatch_Investing-Cryptocurrency · 05 Jul 2022 83 Views

All of the largest cryptocurrencies were down during morning trading on Thursday, with Dogecoin DOGEUSD seeing the biggest change, plunging 10.72% to 6 cents.

Uniswap UNIUSD plunged 10.17% to $4.64, and Ethereum ETHUSD shed 9.11% to $1,007.02.

Bitcoin Cash BCHUSD declined 9.11% to $98.31 on Thursday, while Cardano ADAUSD dropped 7.03% to 44 cents and Ripple XRPUSD declined 7.28% to 31 cents.

Bitcoin BTCUSD and Polkadot DOTUSD fell 6.50% to $18,860.42 and 6.19% to $6.67

Litecoin LTCUSD posted the smallest drop with a 5.91% decline to $50.27.

In crypto-related company news, shares of Coinbase Global Inc. COIN fell 9.90% to $44.83, while MicroStrategy Inc. MSTR dropped 8.43% to $164.55. Riot Blockchain Inc. RIOT shares fell 7.35% to $4.17, and shares of Marathon Digital Holdings Inc. MARA declined 8.29% to $5.32. Inc. OSTK declined 7.72% to $25.09, while Block Inc. SQ fell 6.39% to $59.76 and Tesla Inc. TSLA dropped 1.92% to $672.33.

PayPal Holdings Inc. PYPL shed 5.16% to $67.78, and Ebang International Holdings Inc. Cl A EBON shares dropped 4.28% to 42 cents. NVIDIA Corp. NVDA dropped 3.49% to $149.99, and Advanced Micro Devices Inc. AMD fell 5.16% to $76.33.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK dropped 3.75% to $17.97. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, fell 6.31% to $5.48. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, declined 9.51% to $12.05.

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.