Most Big Cryptocurrencies Decline as Cardano Tumbles

Dow Jones
Yesterday

This article was automatically generated by MarketWatch using technology from Automated Insights.

Most large cryptocurrencies were down during U.S. morning trading on Wednesday, with Cardano seeing the biggest move, dropping 2.34% to 19 cents.

Six additional currencies posted decreases Wednesday. XRP dropped 1.53% to $1.27, and Dogecoin shed 1.50% to 8 cents.

Avalanche slipped 1.50% to $7.25, while Ethereum sank 0.61% to $2,391.43. Bitcoin sank 0.41% to $75,576.30.

Solana , which posted the smallest decrease, slipped 0.29% to $97.11

On the other hand, two cryptos posted increases, with Tronix seeing the largest rise at 0.73% to 33 cents. Sui rose 0.03% to 69 cents.

In crypto-related company news, shares of Coinbase Global Inc. shed 1.18% to $170.08, while Strategy Inc. declined 1.12% to $128.14. Riot Platforms Inc. shares increased 3.45% to $20.38, and shares of MARA Holdings Inc. climbed 1.02% to $11.36.

Block Inc. slipped 0.20% to $78.15 and Tesla Inc. climbed 1.01% to $360.17.

PayPal Holdings Inc. sank 0.42% to $53.59, and Ebang International Holdings Inc. shares climbed 0.50% to $2.01. NVIDIA Corp. climbed 1.17% to $214.65, and Advanced Micro Devices Inc. climbed 4.15% to $525.14.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF increased 1.05% to $61.63. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 0.49% to $24.74.

Data source: Dow Jones Market Data, FactSet

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10