Ethereum Leads Way as Large Cryptocurrencies Fall

Dow Jones
Yesterday

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

All large cryptocurrencies were down during U.S. morning trading on Tuesday, with Ethereum seeing the biggest change, tumbling 4.55% to $2,453.34.

Sui fell 4.14% to 71 cents, and Cardano declined 3.57% to 21 cents.

XRP fell 3.57% to $1.41 on Tuesday, while Bitcoin fell 3.15% to $76,597.80 and Solana dropped 3.29% to $100.56.

Dogecoin and Avalanche fell 2.79% to 8 cents and 2.45% to $7.54, respectively.

Tronix posted the smallest drop with a 0.66% decline to 34 cents.

In crypto-related company news, shares of Coinbase Global Inc. dropped 6.18% to $179.61, while Strategy Inc. dropped 4.09% to $131.34. Riot Platforms Inc. shares dropped 3.34% to $20.25, and shares of MARA Holdings Inc. fell 1.52% to $11.33.

Block Inc. sank 0.58% to $79.03 and Tesla Inc. rose 0.24% to $359.84.

PayPal Holdings Inc. sank 0.05% to $54.01, and Ebang International Holdings Inc. shares increased 4.19% to $2.12. NVIDIA Corp. climbed 0.76% to $212.56, and Advanced Micro Devices Inc. rose 3.64% to $511.38.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF dropped 2.16% to $61.94. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, declined 3.76% to $25.09.

Data source: Dow Jones Market Data, FactSet

 

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