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)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?
-
Walmart Earnings: Low Prices and Strong Digital Presence Drive Market Share Gains
-
After Earnings and a Big Selloff, Is Shopify Stock a Buy, a Sell, or Fairly Valued?
-
Cisco Earnings: Positive Guidance and Splunk Inclusion Align With Our Long-Term Thesis
-
3 Warren Buffett Stocks to Buy After Berkshire Hathaway’s Just-Released 13F Filing
-
Going Into Earnings, Is Nvidia Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Arista Stock a Buy, a Sell, or Fairly Valued?
-
A Cheap Dividend Aristocrat to Buy Before It Bounces Back