XRP Leads Way as Most Big Cryptocurrencies Post Advances

Dow Jones10-21 22:00

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

Most large cryptocurrencies were up during U.S. morning trading on Wednesday, with XRP seeing the biggest change, climbing 1.81% to $1.36.

Six additional currencies posted raises Wednesday. Bitcoin rose 1.23% to $83,771.90, and Ethereum rose 1.05% to $2,472.22.

Cardano rose 0.74% to 23 cents, while Dogecoin rose 0.33% to 8 cents. Tronix rose 0.09% to 33 cents.

Solana , which posted the smallest increase, climbed 0.09% to $106.74.

On the other hand, two cryptos posted decreases, with Avalanche seeing the largest drop at 1.06% to $9.66. Sui slipped 0.06% to $1.03.

In crypto-related company news, shares of Coinbase Global Inc. climbed 1.62% to $173.61, while Strategy Inc. climbed 2.09% to $145.70. Riot Platforms Inc. shares climbed 0.36% to $13.82, and shares of MARA Holdings Inc. rose 1.67% to $7.61.

Block Inc. rose 1.18% to $79.02 and Tesla Inc. climbed 3.68% to $387.48.

PayPal Holdings Inc. climbed 0.28% to $57.30, and Ebang International Holdings Inc. shares rose 2.75% to $1.87. NVIDIA Corp. climbed 1.86% to $220.50, and Advanced Micro Devices Inc. increased 1.30% to $541.70.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF increased 1.13% to $55.70. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 0.84% to $21.68.

Data source: Dow Jones Market Data, FactSet

 

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