Dogecoin Leads Gains as Large Cryptocurrencies Start Mixed

Dow Jones
Aug 11

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

Large cryptocurrencies were mixed during U.S. morning trading on Tuesday, with Cardano seeing the biggest move, falling 3.53% to 19 cents.

Dogecoin led the increases with a 1.49% climb to 7 cents.

Four other currencies posted decreases Tuesday. XRP fell 1.07% to $1.01, and Avalanche inched down 0.57% to $6.42.

Sui and Solana also recorded declines, falling 0.56% to 69 cents and 0.56% to $75.95, respectively.

In addition to Dogecoin, three other cryptocurrencies saw increases. Tronix climbed 1.46% to 34 cents, and Ethereum rose 0.56% to $1,888.52.

Bitcoin , which saw the smallest increase, rose 0.07% to $64,144.60.

In crypto-related company news, shares of Coinbase Global Inc. climbed 0.16% to $148.91, while Strategy Inc. rose 0.63% to $97.94. Riot Platforms Inc. shares increased 9.02% to $21.15, and shares of MARA Holdings Inc. increased 1.66% to $9.72.

Block Inc. rose 0.52% to $79.39 and Tesla Inc. rose 1.05% to $334.35.

PayPal Holdings Inc. climbed 0.54% to $59.39, and Ebang International Holdings Inc. shares inched down 0.48% to $2.06. NVIDIA Corp. rose 0.98% to $219.69, and Advanced Micro Devices Inc. inched down 0.36% to $467.86.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, climbed 1.87% to $22.61. Blockchain-focused Amplify Blockchain Technology ETF rose 1.05% to $59.70.

Data source: Dow Jones Market Data, FactSet

 

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