Most Large Cryptocurrencies Fall on Cardano, Sui Drops

Dow Jones10-12 22:00

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

Most large cryptocurrencies were down during U.S. morning trading on Monday, with Cardano seeing the biggest move, dropping 2.18% to 25 cents.

Six additional currencies posted drops Monday. Sui dropped 2.00% to $1.10, and XRP shed 1.29% to $1.39.

Dogecoin dropped 1.29% to 9 cents, while Bitcoin slipped 0.74% to $82,912.80. Solana slid 0.62% to $110.43.

Avalanche , which posted the smallest decrease, slid 0.13% to $10.89

On the other hand, two cryptos posted increases, with Tronix seeing the largest rise at 0.37% to 33 cents. Ethereum climbed 0.27% to $2,540.10.

In crypto-related company news, shares of Coinbase Global Inc. increased 1.85% to $182.70, while Strategy Inc. rose 2.11% to $157.60. Riot Platforms Inc. shares sank 0.56% to $16.79, and shares of MARA Holdings Inc. inched down 0.93% to $9.56.

Block Inc. sank 0.76% to $76.66 and Tesla Inc. inched down 0.64% to $380.27.

PayPal Holdings Inc. inched down 0.29% to $55.37, and Ebang International Holdings Inc. shares climbed 4.37% to $1.91. NVIDIA Corp. inched down 0.91% to $227.20, and Advanced Micro Devices Inc. shed 1.85% to $596.87.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, inched down 0.02% to $24.20. Blockchain-focused Amplify Blockchain Technology ETF slipped 0.20% to $59.44.

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.

Comments

We need your insight to fill this gap
Leave a comment