Most Large Cryptocurrencies Climb on Cardano, Dogecoin Increases

Dow Jones
Yesterday

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

Most large cryptocurrencies were up during U.S. morning trading on Wednesday, with Cardano seeing the biggest move, climbing 2.81% to 25 cents.

Seven additional currencies posted increases Wednesday. Dogecoin rose 2.36% to 10 cents, and Sui climbed 2.07% to $1.18.

Solana increased 1.62% to $120.98, while XRP climbed 1.59% to $1.52. Tronix increased 1.21% to 34 cents.

Bitcoin and Ethereum rounded out the increases for Wednesday, with gains of 1.21% to $84,599.10 and 0.76% to $2,709.13, respectively.

On the other hand, Avalanche posted the only drop, falling 3.21% to $11.10.

In crypto-related company news, shares of Coinbase Global Inc. slipped 1.00% to $188.12, while Strategy Inc. rose 0.90% to $156.07. Riot Platforms Inc. shares shed 2.43% to $20.87, and shares of MARA Holdings Inc. fell 1.21% to $11.85.

Block Inc. slid 0.03% to $74.03 and Tesla Inc. fell 1.70% to $346.85.

PayPal Holdings Inc. inched down 0.69% to $53.52, and Ebang International Holdings Inc. shares dropped 3.63% to $1.99. NVIDIA Corp. climbed 2.04% to $231.84, and Advanced Micro Devices Inc. slipped 0.41% to $605.05.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF held steady at $61.98. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, inched down 0.69% to $25.78.

Data source: Dow Jones Market Data, FactSet

 

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