Most Major Cryptocurrencies Decline on Polygon, Bitcoin Falls

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Posted: April 20, 2023 10:00 a.m. ET

Most major cryptocurrencies were down in Thursday morning trade, with Polygon Polygon USD seeing the biggest move, losing 1.86% to $1.08.

Seven additional currencies posted declines on Thursday. Bitcoin Bitcoin USD lost 1.46% to $28,828.30, and Solana Solana USD edged down 0.82% to $22.86.

Dogecoin Dogecoin USD slipped 0.82%…

Most major cryptocurrencies were down in morning trading on Thursday, with Polygon MATICUSD registering the biggest move, losing 1.86% to $1.08.

Seven additional currencies posted declines on Thursday. Bitcoin BTCUSD lost 1.46% to $28,828.30, and Solana SOLUSD edged down 0.82% to $22.86.

Dogecoin DOGEUSD slid 0.82% to 9 cents, while Ripple XRPUSD fell 0.60% to 49 cents. Cardano ADAUSD edged down 0.51% to 42 cents.

Ethereum ETHUSD and Polkadot DOTUSD completed Thursday’s declines, dropping 0.43% to $1,973.19 and 0.37% to $6.37, respectively.

On the other hand, Uniswap UNIUSD posted the only increase among the biggest cryptos, rising 0.53% to $5.93.

In crypto-related company news, shares of Coinbase Global Inc. COIN rose 0.43% to $64.72, while MicroStrategy Inc. MSTR fell 1.95% to $308.59. . Shares of Riot Platforms Inc. RIOT fell 2.02% to $11.87, and shares of Marathon Digital Holdings Inc. MARA fell 1.78% to $10.47.

Overstock.com Inc. OSTK fell 0.63% to $19.05, while Block Inc. SQ edged down 0.81% to $62.36 and Tesla Inc. TSLA

fell 7.36% to $167.30.

PayPal Holdings Inc. PYPL fell 1.27% to $74.36 and Ebang International Holdings Inc. EBON shares fell 0.50% to $6.01. NVIDIA Corp. NVDA slid 0.13% to $278.95 and Advanced Micro Devices Inc. AMD rose 1.02% to $90.86.

In the funds space, the blockchain-focused BLOK Amplify Transformational Data Sharing ETF fell 0.74% to $20.04. The Bitwise Crypto Industry Innovators ETF BITQ, which focuses on pure-play crypto companies, fell 2.01% to $6.60. Grayscale Bitcoin Trust GBTC, which tracks the market price of Bitcoin, fell 1.84% to $16.04.

Editor’s note: This story was automatically 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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