XRP Leads Way As Large Cryptocurrencies Drop

Dow Jones02-05 23:00

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

All large cryptocurrencies were down during U.S. morning trading on Thursday, with XRP seeing the biggest change, plunging 10.26% to $1.36.

Sui shed 8.10% to 99 cents, and Avalanche fell 5.46% to $9.17.

Cardano fell 5.46% to 27 cents on Thursday, while Dogecoin shed 4.28% to 10 cents and Bitcoin declined 4.43% to $69,400.50.

Ethereum and Solana fell 3.66% to $2,047.46 and 2.63% to $88.72, respectively.

Tronix rounded out the decreases with a 1.45% decline to 28 cents.

In crypto-related company news, shares of Coinbase Global Inc. fell 6.17% to $158.22, while Strategy Inc. dropped 9.68% to $116.60. Riot Platforms Inc. shares dropped 4.24% to $13.54, and shares of MARA Holdings Inc. fell 7.85% to $7.63.

Block Inc. shed 3.19% to $55.60 and Tesla Inc. dropped 2.76% to $394.80.

PayPal Holdings Inc. declined 2.85% to $39.86, and Ebang International Holdings Inc. shares rose 3.28% to $2.83. NVIDIA Corp. sank 0.22% to $173.80, and Advanced Micro Devices Inc. slid 0.97% to $198.26.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF declined 2.97% to $52.57. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, shed 4.58% to $18.13.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 05, 2026 10:00 ET (15:00 GMT)

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