Solana leads declines as large cryptocurrencies start mixed

Cardano
ADAUSD,
-1.33%
and Bitcoin
BTCUSD,
-0.59%
rounded out the increases, rising 1.03% to 29 cents and 0.18% to $30,648.60.

In addition to Solana, three other currencies posted decreases. Dogecoin
DOGEUSD,
+3.36%
inched down 0.80% to 7 cents, and Ripple
XRPUSD,
-0.65%
slipped 0.45% to 48 cents.

Polkadot
DOTUSD,
-1.42%,
which rounded out the decreases, slid 0.37% to $5.42.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+11.71%
increased 7.67% to $77.04, while MicroStrategy Inc.
MSTR,
+10.34%
rallied 5.33% to $360.68. Riot Platforms Inc.
RIOT,
+12.94%
shares rose 5.08% to $12.42, and shares of Marathon Digital Holdings Inc.
MARA,
+10.53%
rallied 5.48% to $14.62.

Overstock.com Inc.
OSTK,
-1.57%
dropped 1.54% to $32.07, while Block Inc.
SQ,
-0.56%
rose 0.57% to $66.95 and Tesla Inc.
TSLA,
+6.90%
rallied 7.65% to $281.79.

PayPal Holdings Inc.
PYPL,
+2.05%
rose 1.05% to $67.43, and Ebang International Holdings Inc.
EBON,
+3.04%
shares climbed 0.03% to $6.90. NVIDIA Corp.
NVDA,
+0.26%
rose 0.45% to $424.91, and Advanced Micro Devices Inc.
AMD,
+1.68%
rallied 1.61% to $115.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+9.07%,
which is focused on pure-play crypto companies, climbed 4.10% to $8.38. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+4.00%
increased 2.29% to $23.27. Grayscale Bitcoin Trust
GBTC,
+6.57%,
which tracks the Bitcoin market price, rose 1.80% to $19.54.

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.