Cardano Leads Way As Most Big Cryptocurrencies Post Drops

Dow Jones12-11

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

Most large cryptocurrencies were down during U.S. morning trading on Thursday, with Cardano seeing the biggest move, tumbling 9.58% to 41 cents.

Seven additional currencies posted reductions Thursday. Avalanche dropped 8.06% to $13.12, and Sui dropped 5.60% to $1.53.

Ethereum shed 5.60% to $3,164.74, while Dogecoin dropped 4.87% to 14 cents. Solana shed 4.67% to $130.71.

Bitcoin and XRP rounded out the decreases for Thursday, dropping 3.02% to $89,569.80 and 2.66% to $1.99, respectively.

On the other hand, Tronix posted the only increase among the largest cryptos, rising 0.22% to 28 cents.

In crypto-related company news, shares of Coinbase Global Inc. declined 4.06% to $263.94, while Strategy Inc. fell 5.42% to $174.63. Riot Platforms Inc. shares dropped 5.01% to $14.79, and shares of MARA Holdings Inc. dropped 5.24% to $11.30.

Block Inc. slid 0.16% to $63.19 and Tesla Inc. dropped 2.16% to $441.69.

PayPal Holdings Inc. slid 0.15% to $61.07, and Ebang International Holdings Inc. shares surged 11.14% to $3.89. NVIDIA Corp. fell 3.75% to $176.89, and Advanced Micro Devices Inc. fell 4.92% to $210.53.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF declined 2.68% to $61.90. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, fell 4.58% to $22.47.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 11, 2025 10:00 ET (15:00 GMT)

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