Large Cryptocurrencies Mixed As Ripple Falls

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Large cryptocurrencies were mixed during morning trading on Tuesday, with Ripple seeing the biggest move, falling 2.30% to 64 cents.

Solana lead the increases with a 0.48% climb to $192.87.

Five other currencies posted drops Tuesday. Bitcoin inched down 0.77% to $70,392.70, and Ethereum sank 0.54% to $3,608.94.

Polygon slid 0.35% to $1.05, and Polkadot slipped 9.81% to $9.81.

Cardano recorded the smallest decline, tumbling 0.04% to 67 cents.

In addition to Solana, two other cryptocurrencies saw increases. Dogecoin climbed 0.36% to 18 cents, and Uniswap climbed 0.33% to $12.61.

In crypto-related company news, shares of Coinbase Global Inc. inched down 0.59% to $278.07, while MicroStrategy Inc. climbed 0.49% to $1,865.01. Riot Platforms Inc. shares fell 2.25% to $12.16, and shares of Marathon Digital Holdings Inc. dropped 3.10% to $20.30.

Block Inc. rose 2.51% to $84.69 and Tesla Inc. rose 5.38% to $181.91.

PayPal Holdings Inc. rose 1.30% to $66.86, and Ebang International Holdings Inc. shares climbed 1.77% to $9.20. NVIDIA Corp. climbed 0.56% to $955.33, and Advanced Micro Devices Inc. slipped 0.45% to $177.82.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF slipped 0.44% to $36.15. The Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, slipped 0.94% to $13.18.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

March 26, 2024 10:15 ET (14:15 GMT)

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