Most Big Cryptocurrencies Decrease as Sui Tumbles

Dow Jones
Sep 28

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

Most large cryptocurrencies were down during U.S. morning trading on Monday, with Sui seeing the biggest move, declining 6.79% to $1.18.

Six additional currencies posted drops Monday. Avalanche fell 4.38% to $10.48, and Dogecoin fell 3.08% to 9 cents.

Solana declined 3.08% to $119.75, while Cardano declined 2.29% to 25 cents. Bitcoin declined 1.17% to $83,543.90.

XRP , which posted the smallest decrease, inched down 0.30% to $1.52

On the other hand, two cryptos posted increases, with Tronix seeing the largest rise at 0.38% to 33 cents. Ethereum climbed 0.08% to $2,687.79.

In crypto-related company news, shares of Coinbase Global Inc. rose 0.52% to $196.12, while Strategy Inc. rose 0.44% to $159.31. Riot Platforms Inc. shares fell 2.37% to $22.45, and shares of MARA Holdings Inc. climbed 0.80% to $12.65.

Block Inc. fell 3.11% to $74.04 and Tesla Inc. dropped 2.49% to $362.86.

PayPal Holdings Inc. fell 1.54% to $54.19, and Ebang International Holdings Inc. shares fell 1.94% to $2.02. NVIDIA Corp. rose 3.14% to $232.14, and Advanced Micro Devices Inc. shed 2.65% to $613.90.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, inched down 0.30% to $26.92. Blockchain-focused Amplify Blockchain Technology ETF dropped 1.63% to $63.17.

Data source: Dow Jones Market Data, FactSet

 

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