Large Cryptocurrencies Mixed As Ethereum Falls

Dow Jones
2024/09/25

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

Large cryptocurrencies were mixed during U.S. morning trading on Wednesday, with Chainlink seeing the biggest move, climbing 3.24% to $12.34.

Ethereum led the decreases with a 1.24% drop to $2,618.00.

Five other cryptocurrencies saw increases Wednesday. Polkadot rose 2.68% to $4.71, and Solana rose 1.66% to $150.87.

Avalanche climbed 0.65% to $27.79, and Ripple climbed 0.33% to 59 cents.

Dogecoin , which saw the smallest increase, climbed 0.18% to 11 cents.

In addition to Ethereum, two other currencies posted drops. Bitcoin slipped 0.69% to $63,765.60, and Cardano slid 0.51% to 38 cents.

In crypto-related company news, shares of Coinbase Global Inc. rose 0.40% to $172.37, while MicroStrategy Inc. rose 1.44% to $156.09. Riot Platforms Inc. shares rose 1.93% to $7.68, and shares of MARA Holdings Inc. rose 1.04% to $16.58.

Block Inc. dropped 1.18% to $66.74 and Tesla Inc. rose 0.57% to $255.71.

PayPal Holdings Inc. climbed 0.40% to $78.65, and Ebang International Holdings Inc. shares slid 0.19% to $6.26. NVIDIA Corp. increased 2.62% to $124.04, and Advanced Micro Devices Inc. increased 1.21% to $160.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF rose 0.56% to $37.72. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, slid 0.08% to $13.25.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 25, 2024 10:01 ET (14:01 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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