Large Cryptocurrencies Mixed as Dogecoin Drops

Dow Jones
Yesterday

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

Large cryptocurrencies were mixed during U.S. morning trading on Monday, with XRP seeing the biggest move, rising 2.50% to $1.39.

Dogecoin led the decreases with a 0.85% drop to 8 cents.

Three other cryptocurrencies saw increases Monday. Bitcoin rose 1.13% to $78,186.90, and Sui climbed 0.18% to 72 cents.

Avalanche , which saw the smallest increase, rose 0.15% to $7.46.

In addition to Dogecoin, four other currencies posted reductions. Ethereum inched down 0.43% to $2,501.10, and Cardano slid 0.24% to 21 cents.

Tronix and Solana also recorded declines, falling 0.21% to 34 cents and 0.07% to $101.38, respectively.

In crypto-related company news, shares of Coinbase Global Inc. increased 6.90% to $187.36, while Strategy Inc. increased 2.58% to $134.35. Riot Platforms Inc. shares fell 5.17% to $20.36, and shares of MARA Holdings Inc. shed 3.42% to $11.57.

Block Inc. climbed 1.02% to $80.02 and Tesla Inc. fell 1.53% to $359.84.

PayPal Holdings Inc. rose 0.17% to $53.81, and Ebang International Holdings Inc. shares declined 2.35% to $2.08. NVIDIA Corp. shed 3.42% to $210.83, and Advanced Micro Devices Inc. declined 6.05% to $484.89.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, held steady at $25.82. Blockchain-focused Amplify Blockchain Technology ETF shed 1.31% to $63.06.

Data source: Dow Jones Market Data, FactSet

 

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