All of the largest cryptocurrencies were down during morning trading on Thursday, with Cardano ADAUSD seeing the biggest move, tumbling 3.20% to 84 cents.
Polkadot DOTUSD fell 3.19% to $15.64, and Litecoin LTCUSD shed 2.61% to $103.75.
Ripple XRPUSD shed 2.61% to 63 cents on Thursday, while Dogecoin DOGEUSD shed 1.80% to 13 cents and Bitcoin BTCUSD declined 1.87% to $39,036.74.
Ethereum ETHUSD and Bitcoin Cash BCHUSD fell 1.69% to $2,893.61 and 1.21% to $295.00
Uniswap UNIUSD rounded out the decreases with a 0.40% decline to $7.79.
In crypto-related company news, shares of Coinbase Global Inc. COIN declined 8.96% to $118.49, while MicroStrategy Inc. MSTR declined 5.41% to $346.61. Riot Blockchain Inc. RIOT shares fell 6.57% to $10.81, and shares of Marathon Digital Holdings Inc. MARA shed 5.57% to $16.77.
Overstock.com Inc. OSTK dropped 8.62% to $35.73, while Block Inc. SQ fell 7.41% to $98.88 and Tesla Inc. TSLA fell 3.13% to $922.78.
PayPal Holdings Inc. PYPL dropped 5.67% to $87.46, and Ebang International Holdings Inc. Cl A EBON shares declined 3.65% to 98 cents. NVIDIA Corp. NVDA declined 4.86% to $193.47, and Advanced Micro Devices Inc. AMD fell 5.67% to $95.62.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK dropped 3.41% to $27.43. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, fell 5.05% to $12.03. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, declined 2.41% to $27.09.