Large Cryptocurrencies Drop On Ethereum, Solana Decreases

Dow Jones
01-13

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

All large cryptocurrencies were down during U.S. morning trading on Monday, with Ethereum seeing the biggest change, shedding 7.07% to $3,033.11.

Solana declined 6.87% to $175.40, and Avalanche dropped 6.55% to $34.08.

Chainlink dropped 6.55% to $18.62 on Monday, while Cardano dropped 5.62% to 92 cents and Polkadot shed 5.84% to $6.23.

Dogecoin and Ripple fell 4.00% to 32 cents and 3.53% to $2.43

Bitcoin rounded out the decreases with a 2.67% decline to $91,772.10.

In crypto-related company news, shares of Coinbase Global Inc. declined 4.44% to $247.30, while MicroStrategy Inc. fell 3.14% to $317.63. Riot Platforms Inc. shares fell 4.71% to $11.44, and shares of MARA Holdings Inc. shed 4.31% to $17.09.

Block Inc. fell 1.25% to $81.51 and Tesla Inc. fell 1.75% to $387.82.

PayPal Holdings Inc. inched down 0.80% to $82.69, and Ebang International Holdings Inc. shares slipped 0.72% to $5.74. NVIDIA Corp. dropped 2.83% to $132.07, and Advanced Micro Devices Inc. slipped 0.74% to $115.19.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF fell 2.19% to $43.27. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, shed 3.53% to $17.21.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 13, 2025 10:00 ET (15:00 GMT)

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

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