Large Cryptocurrencies Mixed as XRP Drops

Dow Jones11-06 23:00

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

Large cryptocurrencies were mixed during U.S. morning trading on Friday, with Cardano seeing the biggest move, rising 3.43% to 19 cents.

XRP led the decreases with a 2.93% drop to $1.18.

Five other cryptocurrencies saw increases Friday. Sui climbed 3.13% to 87 cents, and Avalanche rose 1.88% to $8.41.

Dogecoin climbed 1.42% to 7 cents, and Solana increased 1.15% to $90.87.

Tronix , which saw the smallest increase, climbed 0.09% to 32 cents.

In addition to XRP, two other currencies posted decreases. Bitcoin slipped 0.37% to $75,445.40, and Ethereum slipped 0.03% to $2,225.27.

In crypto-related company news, shares of Coinbase Global Inc. rose 0.56% to $137.58, while Strategy Inc. declined 1.13% to $127.84. Riot Platforms Inc. shares climbed 7.93% to $15.93, and shares of MARA Holdings Inc. rose 0.51% to $5.91.

Block Inc. increased 1.73% to $85.50 and Tesla Inc. increased 3.90% to $357.08.

PayPal Holdings Inc. climbed 0.34% to $59.16, and Ebang International Holdings Inc. shares declined 8.02% to $1.50. NVIDIA Corp. increased 6.39% to $193.20, and Advanced Micro Devices Inc. surged 12.46% to $454.78.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF rose 2.37% to $48.82. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 0.78% to $18.12.

Data source: Dow Jones Market Data, FactSet

 

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