Large Cryptocurrencies Mixed as Cardano Increases

Dow Jones
Aug 03

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

Large cryptocurrencies were mixed during U.S. morning trading on Monday, with Cardano seeing the biggest move, climbing 3.63% to 19 cents.

Ethereum led the decreases with a 1.42% drop to $1,855.00.

Two other cryptocurrencies saw increases Monday. Sui rose 0.61% to 70 cents, and Tronix was flat at 33 cents.

In addition to Ethereum, five other currencies posted reductions. Avalanche sank 0.73% to $6.54, and Solana slipped 0.69% to $73.10.

XRP sank 0.57% to $1.07, and Bitcoin slipped 63,186.50% to $63,186.50.

Dogecoin recorded the smallest decline, shedding 0.37% to 7 cents.

In crypto-related company news, shares of Coinbase Global Inc. climbed 0.02% to $146.29, while Strategy Inc. rose 1.64% to $94.81. Riot Platforms Inc. shares climbed 2.83% to $20.74, and shares of MARA Holdings Inc. increased 2.34% to $11.59.

Block Inc. climbed 0.57% to $81.70 and Tesla Inc. climbed 2.15% to $317.91.

PayPal Holdings Inc. climbed 0.77% to $57.65, and Ebang International Holdings Inc. shares shed 2.81% to $1.91. NVIDIA Corp. rose 0.70% to $202.16, and Advanced Micro Devices Inc. declined 1.44% to $469.28.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, increased 1.62% to $23.16. Blockchain-focused Amplify Blockchain Technology ETF increased 1.23% to $59.99.

Data source: Dow Jones Market Data, FactSet

 

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