Ethereum Leads Increases As Large Cryptocurrencies Start Mixed

Dow Jones
2024-09-23

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

Large cryptocurrencies were mixed during U.S. morning trading on Monday, with Ethereum seeing the biggest move, rising 2.67% to $2,641.61.

Solana led the decreases with a 1.00% drop to $142.92.

Four other cryptocurrencies saw increases Monday. Chainlink rose 2.66% to $11.37, and Cardano increased 1.18% to 35 cents.

Avalanche and Polkadot rounded out the increases, inching up 0.74% to $27.39 and 0.68% to $4.37.

In addition to Solana, three other currencies posted decreases. Ripple sank 0.69% to 59 cents, and Dogecoin inched down 0.25% to 11 cents.

Bitcoin , which rounded out the decreases, sank 0.04% to $63,160.00.

In crypto-related company news, shares of Coinbase Global Inc. rose 1.35% to $172.39, while MicroStrategy Inc. climbed 2.45% to $148.32. Riot Platforms Inc. shares climbed 1.60% to $7.31, and shares of MARA Holdings Inc. climbed 1.87% to $15.83.

Block Inc. inched down 0.22% to $67.31 and Tesla Inc. increased 3.63% to $246.90.

PayPal Holdings Inc. climbed 2.25% to $78.49, and Ebang International Holdings Inc. shares shed 1.33% to $5.90. NVIDIA Corp. rose 0.21% to $116.25, and Advanced Micro Devices Inc. climbed 0.11% to $156.12.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 2.27% to $12.62. Blockchain-focused Amplify Transformational Data Sharing ETF climbed 0.71% to $36.73.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 23, 2024 10:01 ET (14:01 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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