Dogecoin Leads Declines as Large Cryptocurrencies Start Mixed

Dow Jones
08/24

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

Large cryptocurrencies were mixed during U.S. morning trading on Monday, with Dogecoin seeing the biggest move, declining 2.10% to 9 cents.

Ethereum led the increases with a 1.81% climb to $2,493.50.

Five other currencies posted reductions Monday. Sui fell 2.07% to 82 cents, and Cardano shed 1.69% to 22 cents.

Avalanche slipped 0.71% to $7.52, and XRP sank 1.49% to $1.49.

Solana recorded the smallest decline, shedding 0.03% to $95.01.

In addition to Ethereum, two other cryptocurrencies saw increases. Bitcoin increased 1.51% to $78,570.00, and Tronix rose 0.06% to 34 cents.

In crypto-related company news, shares of Coinbase Global Inc. rose 0.27% to $187.00, while Strategy Inc. rose 2.80% to $122.59. Riot Platforms Inc. shares increased 1.66% to $20.16, and shares of MARA Holdings Inc. climbed 1.07% to $11.38.

Block Inc. climbed 1.20% to $83.15 and Tesla Inc. declined 2.46% to $353.92.

PayPal Holdings Inc. climbed 0.72% to $62.00, and Ebang International Holdings Inc. shares declined 1.94% to $2.28. NVIDIA Corp. fell 2.36% to $209.66, and Advanced Micro Devices Inc. dropped 4.08% to $453.93.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 0.03% to $25.18. Blockchain-focused Amplify Blockchain Technology ETF sank 0.57% to $62.59.

Data source: Dow Jones Market Data, FactSet

 

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