Most Big Cryptocurrencies Fall on XRP, Sui Drops

Dow Jones
Yesterday

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

Most large cryptocurrencies were down during U.S. morning trading on Wednesday, with XRP seeing the biggest change, shedding 3.54% to $1.39.

Six additional currencies posted decreases Wednesday. Sui declined 1.06% to 75 cents, and Tronix inched down 0.84% to 33 cents.

Avalanche sank 0.84% to $7.29, while Cardano slipped 0.58% to 21 cents. Solana inched down 0.21% to $96.56.

Dogecoin , which posted the smallest decrease, slid 0.03% to 9 cents

On the other hand, two cryptos posted increases, with Ethereum seeing the largest rise at 0.85% to $2,457.55. Bitcoin climbed 0.29% to $78,437.90.

In crypto-related company news, shares of Coinbase Global Inc. declined 1.66% to $184.05, while Strategy Inc. declined 1.93% to $124.38. Riot Platforms Inc. shares fell 1.48% to $20.99, and shares of MARA Holdings Inc. shed 2.11% to $11.58.

Block Inc. slid 0.01% to $82.71 and Tesla Inc. inched down 0.40% to $348.87.

PayPal Holdings Inc. fell 1.37% to $61.42, and Ebang International Holdings Inc. shares rose 1.22% to $2.26. NVIDIA Corp. sank 0.27% to $212.48, and Advanced Micro Devices Inc. rose 2.35% to $490.43.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF slipped 0.75% to $64.02. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, fell 1.36% to $25.68.

Data source: Dow Jones Market Data, FactSet

 

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