Dogecoin Leads Gains as Large Cryptocurrencies Start Mixed

Dow Jones
08/11

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

Large cryptocurrencies were mixed during U.S. morning trading on Tuesday, with Cardano seeing the biggest move, falling 3.53% to 19 cents.

Dogecoin led the increases with a 1.49% climb to 7 cents.

Four other currencies posted decreases Tuesday. XRP fell 1.07% to $1.01, and Avalanche inched down 0.57% to $6.42.

Sui and Solana also recorded declines, falling 0.56% to 69 cents and 0.56% to $75.95, respectively.

In addition to Dogecoin, three other cryptocurrencies saw increases. Tronix climbed 1.46% to 34 cents, and Ethereum rose 0.56% to $1,888.52.

Bitcoin , which saw the smallest increase, rose 0.07% to $64,144.60.

In crypto-related company news, shares of Coinbase Global Inc. climbed 0.16% to $148.91, while Strategy Inc. rose 0.63% to $97.94. Riot Platforms Inc. shares increased 9.02% to $21.15, and shares of MARA Holdings Inc. increased 1.66% to $9.72.

Block Inc. rose 0.52% to $79.39 and Tesla Inc. rose 1.05% to $334.35.

PayPal Holdings Inc. climbed 0.54% to $59.39, and Ebang International Holdings Inc. shares inched down 0.48% to $2.06. NVIDIA Corp. rose 0.98% to $219.69, and Advanced Micro Devices Inc. inched down 0.36% to $467.86.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, climbed 1.87% to $22.61. Blockchain-focused Amplify Blockchain Technology ETF rose 1.05% to $59.70.

Data source: Dow Jones Market Data, FactSet

 

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