Most Big Cryptocurrencies Decline On Dogecoin, Polkadot Drops

MarketWatch · 10/17 14:01

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

Most large cryptocurrencies were down during U.S. morning trading on Thursday, with Dogecoin seeing the biggest change, falling 5.77% to 12 cents.

Seven additional currencies posted reductions Thursday. Polkadot shed 2.63% to $4.21, and Cardano shed 2.41% to 35 cents.

Chainlink shed 2.41% to $11.01, while Solana dropped 1.62% to $152.04. Avalanche shed 1.29% to $27.53.

Bitcoin and Ethereum rounded out the decreases for Thursday, dropping 0.97% to $66,997.80 and 0.71% to $2,600.00, respectively.

On the other hand, Ripple posted the only increase among the largest cryptos, rising 0.07% to 55 cents.

In crypto-related company news, shares of Coinbase Global Inc. shed 2.84% to $204.50, while MicroStrategy Inc. sank 0.36% to $193.39. Riot Platforms Inc. shares slipped 0.66% to $9.02, and shares of MARA Holdings Inc. declined 3.07% to $17.53.

Block Inc. climbed 0.04% to $73.56 and Tesla Inc. slid 0.40% to $220.44.

PayPal Holdings Inc. slid 0.35% to $80.54, and Ebang International Holdings Inc. shares dropped 4.55% to $5.99. NVIDIA Corp. climbed 2.48% to $139.08, and Advanced Micro Devices Inc. rose 0.99% to $157.67.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF slipped 0.15% to $40.13. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, declined 1.38% to $14.63.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 17, 2024 10:01 ET (14:01 GMT)

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