Sui Leads Way as Large Cryptocurrencies Drop

Dow Jones08-31 22:00

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

All large cryptocurrencies were down during U.S. morning trading on Monday, with Sui seeing the biggest change, dropping 4.06% to 72 cents.

Cardano declined 3.61% to 19 cents, and Dogecoin shed 3.51% to 8 cents.

Avalanche shed 3.51% to $7.15 on Monday, while Tronix dropped 2.29% to 33 cents and XRP fell 2.34% to $1.36.

Solana and Ethereum fell 2.26% to $102.39 and 2.04% to $2,440.19, respectively.

Bitcoin rounded out the decreases with a 0.92% decline to $77,869.80.

In crypto-related company news, shares of Coinbase Global Inc. inched down 0.76% to $177.29, while Strategy Inc. inched down 0.26% to $126.98. Riot Platforms Inc. shares dropped 2.05% to $18.60, and shares of MARA Holdings Inc. dropped 2.06% to $10.45.

Block Inc. declined 2.01% to $81.89 and Tesla Inc. rose 3.35% to $360.44.

PayPal Holdings Inc. declined 2.56% to $52.29, and Ebang International Holdings Inc. shares fell 6.08% to $2.16. NVIDIA Corp. climbed 0.63% to $218.93, and Advanced Micro Devices Inc. climbed 1.31% to $471.67.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, slid 0.81% to $24.47. Blockchain-focused Amplify Blockchain Technology ETF sank 0.85% to $61.54.

Data source: Dow Jones Market Data, FactSet

 

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