Large Cryptocurrencies Climb on XRP, Cardano Increases

Dow Jones
Aug 20

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

All large cryptocurrencies were up during U.S. morning trading on Thursday, with XRP seeing the biggest move, jumping 11.01% to $1.22.

Cardano increased 5.21% to 19 cents, while Dogecoin increased 4.26% to 8 cents.

Bitcoin and Solana rose 3.71% to $71,617.70 and 3.27% to $86.45, respectively.

Avalanche increased 2.72% to $6.91, and Sui climbed 2.72% to 73 cents.

Ethereum and Tronix rounded out the increases for Thursday, climbing 2.66% to $2,273.28 and 1.39% to 34 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc. increased 6.59% to $170.75, while Strategy Inc. rose 7.37% to $111.93. Riot Platforms Inc. shares climbed 3.89% to $20.13, and shares of MARA Holdings Inc. climbed 8.55% to $10.48.

Block Inc. inched down 0.10% to $80.85 and Tesla Inc. shed 1.71% to $345.10.

PayPal Holdings Inc. rose 0.88% to $61.79, and Ebang International Holdings Inc. shares shed 3.37% to $2.01. NVIDIA Corp. climbed 0.16% to $217.92, and Advanced Micro Devices Inc. climbed 0.09% to $466.86.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 4.09% to $24.20. Blockchain-focused Amplify Blockchain Technology ETF increased 2.01% to $61.55.

Data source: Dow Jones Market Data, FactSet

 

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