Large Cryptocurrencies Mixed as Avalanche Climbs

Dow Jones
08/13

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

Large cryptocurrencies were mixed during U.S. morning trading on Thursday, with Avalanche seeing the biggest move, climbing 1.57% to $6.48.

Dogecoin led the decreases with a 0.52% drop to 7 cents.

Five other cryptocurrencies saw increases Thursday. Cardano rose 1.00% to 18 cents, and Sui rose 0.47% to 69 cents.

Solana climbed 0.33% to $76.11, and Bitcoin rose 0.21% to $63,655.40.

Ethereum , which saw the smallest increase, climbed 0.21% to $1,888.38.

In addition to Dogecoin, two other currencies posted reductions. Tronix inched down 0.39% to 33 cents, and XRP slid 0.26% to $1.01.

In crypto-related company news, shares of Coinbase Global Inc. increased 1.33% to $151.02, while Strategy Inc. climbed 2.19% to $96.91. Riot Platforms Inc. shares climbed 0.10% to $20.34, and shares of MARA Holdings Inc. slipped 0.10% to $9.63.

Block Inc. increased 2.26% to $80.05 and Tesla Inc. increased 1.65% to $332.90.

PayPal Holdings Inc. rose 0.63% to $59.57, and Ebang International Holdings Inc. shares slipped 0.51% to $1.95. NVIDIA Corp. rose 0.43% to $225.06, and Advanced Micro Devices Inc. rose 2.39% to $494.46.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 2.29% to $23.26. Blockchain-focused Amplify Blockchain Technology ETF climbed 1.56% to $61.06.

Data source: Dow Jones Market Data, FactSet

 

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