Large Cryptocurrencies Mixed as Tronix Declines

Dow Jones
Yesterday

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

Large cryptocurrencies were mixed during U.S. morning trading on Tuesday, with Tronix seeing the biggest move, shedding 2.16% to 33 cents.

Avalanche led the increases with a 0.98% climb to $7.29.

Five other currencies posted reductions Tuesday. Solana fell 1.76% to $101.88, and Ethereum dropped 1.22% to $2,442.40.

Bitcoin declined 1.00% to $78,052.30, and XRP inched down 1.37% to $1.37.

Dogecoin recorded the smallest decline, dropping 0.59% to 8 cents.

In addition to Avalanche, two other cryptocurrencies saw increases. Sui rose 0.48% to 73 cents, and Cardano climbed 0.07% to 20 cents.

In crypto-related company news, shares of Coinbase Global Inc. declined 3.90% to $180.79, while Strategy Inc. dropped 3.51% to $128.28. Riot Platforms Inc. shares declined 6.19% to $17.82, and shares of MARA Holdings Inc. fell 5.11% to $10.22.

Block Inc. declined 2.60% to $79.89 and Tesla Inc. dropped 2.63% to $358.29.

PayPal Holdings Inc. climbed 0.01% to $52.67, and Ebang International Holdings Inc. shares slipped 0.46% to $2.15. NVIDIA Corp. shed 1.71% to $217.01, and Advanced Micro Devices Inc. declined 2.54% to $458.75.

In the fund space, blockchain-focused Amplify Blockchain Technology ETF shed 2.38% to $61.02. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, fell 3.54% to $24.39.

Data source: Dow Jones Market Data, FactSet

 

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