Cardano Leads Way As Most Big Cryptocurrencies Post Decreases

Dow Jones
03-10

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

Most large cryptocurrencies were down during U.S. morning trading on Monday, with Cardano seeing the biggest move, shedding 3.16% to 72 cents.

Seven additional currencies posted decreases Monday. Solana declined 2.84% to $124.78, and XRP dropped 2.54% to $2.15.

Sui declined 2.54% to $2.31, while Bitcoin declined 2.00% to $81,421.60. Avalanche inched down 0.82% to $18.22.

Tronix and Dogecoin rounded out the decreases for Monday, dropping 0.52% to 24 cents and 0.25% to 17 cents, respectively.

On the other hand, Ethereum posted the only increase among the largest cryptos, rising 1.65% to $2,081.36.

In crypto-related company news, shares of Coinbase Global Inc. declined 9.75% to $196.24, while MicroStrategy Inc. plunged 11.47% to $254.24. Riot Platforms Inc. shares dropped 6.75% to $7.81, and shares of MARA Holdings Inc. dropped 9.49% to $14.50.

Block Inc. shed 5.12% to $56.93 and Tesla Inc. dropped 7.75% to $242.30.

PayPal Holdings Inc. declined 1.42% to $69.48, and Ebang International Holdings Inc. shares climbed 1.55% to $4.59. NVIDIA Corp. declined 2.69% to $109.66, and Advanced Micro Devices Inc. slid 0.66% to $99.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF declined 5.92% to $38.33. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, declined 7.36% to $13.62.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 10, 2025 10:00 ET (14:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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