This article was automatically generated by MarketWatch using technology from Automated Insights.
All large cryptocurrencies were down during U.S. morning trading on Wednesday, with XRP seeing the biggest move, dropping 6.49% to $2.13.
Sui dropped 6.31% to $3.31, and Avalanche dropped 6.18% to $20.48.
Dogecoin dropped 6.18% to 17 cents on Wednesday, while Solana fell 5.43% to $140.66 and Cardano dropped 5.55% to 67 cents.
Ethereum and Bitcoin fell 3.99% to $1,737.76 and 2.01% to $92,972.10, respectively.
Tronix posted the smallest drop with a 1.12% decline to 24 cents.
In crypto-related company news, shares of Coinbase Global Inc. shed 4.72% to $196.41, while MicroStrategy Inc. declined 4.46% to $364.42. Riot Platforms Inc. shares declined 5.66% to $7.00, and shares of MARA Holdings Inc. dropped 7.91% to $13.10.
Block Inc. declined 5.04% to $56.56 and Tesla Inc. fell 6.91% to $271.84.
PayPal Holdings Inc. declined 3.83% to $63.78, and Ebang International Holdings Inc. shares declined 1.56% to $3.47. NVIDIA Corp. shed 3.85% to $104.82, and Advanced Micro Devices Inc. shed 3.58% to $92.62.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF dropped 3.75% to $38.98. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, shed 4.59% to $13.31.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 30, 2025 10:00 ET (14:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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