Large Cryptocurrencies Fall

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

Most large cryptocurrencies were down during U.S. morning trading on Wednesday.

Dogecoin dropped 1.47% to 15 cents, and Avalanche shed 1.34% to $33.87.

Cardano fell 1.34% to 45 cents on Wednesday, while Ethereum slid 0.81% to $3,043.58 and Polkadot slid 0.99% to $6.58.

Ripple and Bitcoin fell 0.68% to 49 cents and 0.54% to $62,671.00

Solana rounded out the decreases with a 0.23% decline to $133.83.

In crypto-related company news, shares of Coinbase Global Inc. slid 0.71% to $217.28, while MicroStrategy Inc. shed 1.92% to $1,230.00. Riot Platforms Inc. shares climbed 0.68% to $8.12, and shares of Marathon Digital Holdings Inc. slid 0.20% to $14.57.

Block Inc. climbed 1.12% to $73.96 and Tesla Inc. declined 1.54% to $154.70.

PayPal Holdings Inc. climbed 0.16% to $63.53, and Ebang International Holdings Inc. shares fell 1.91% to $7.69. NVIDIA Corp. slid 0.20% to $872.36, and Advanced Micro Devices Inc. slipped 0.44% to $162.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, climbed 2.05% to $10.32. Blockchain-focused Amplify Transformational Data Sharing ETF climbed 0.42% to $31.12.

Data source: Dow Jones Market Data, FactSet.

Corrections & Amplifications

This item was corrected at 11:31 a.m. ET. An earlier version misstated the intraday price of Chainlink as the intraday price of Shiba Inu coin. Chainlink's price has been removed.

(END) Dow Jones Newswires

April 17, 2024 10:15 ET (14:15 GMT)

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