Ethereum Leads Increases As Large Cryptocurrencies Start Mixed

Dow Jones
23 Sep 2024

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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