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AmextaFinance > Investing > Ripple leads way as most big cryptocurrencies post declines
Investing

Ripple leads way as most big cryptocurrencies post declines

News Room
Last updated: 2023/11/08 at 5:08 PM
By News Room
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2 Min Read
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Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple
XRPUSD,
-0.14%
seeing the biggest move, declining 5.72% to 68 cents.

Seven additional currencies posted decreases Tuesday. Cardano
ADAUSD,
0.02
shed 5.52% to 35 cents, and Uniswap
UNIUSD,
+0.02%
dropped 3.27% to $4.91.

Dogecoin
DOGEUSD,
0.03
dropped 3.27% to 7 cents, while Polkadot
DOTUSD,
+0.15%
slid 0.98% to $4.87. Polygon
MATICUSD,
-0.01%
slipped 0.92% to 71 cents.

Ethereum
ETHUSD,
+0.17%
and Bitcoin
BTCUSD,
+0.52%
rounded out the decreases for Tuesday, dropping 0.74% to $1,877.68 and 0.50% to $34,845.10, respectively.

On the other hand, Solana
SOLUSD,
+0.19%
posted the only increase among the largest cryptos, rising 3.89% to $41.96.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.84%
rose 0.11% to $86.47, while MicroStrategy Inc.
MSTR,
+0.20%
inched down 0.35% to $458.00. Riot Platforms Inc.
RIOT,
-7.14%
shares shed 2.59% to $10.73, and shares of Marathon Digital Holdings Inc.
MARA,
-6.86%
fell 2.81% to $8.98.

Block Inc.
SQ,
+2.39%
rose 2.71% to $50.86 and Tesla Inc.
TSLA,
-0.03%
inched down 0.85% to $217.41.

PayPal Holdings Inc.
PYPL,
+0.82%
climbed 0.03% to $54.63, and Ebang International Holdings Inc.
EBON,

shares held steady at $8.04. NVIDIA Corp.
NVDA,
+1.35%
sank 0.35% to $455.90, and Advanced Micro Devices Inc.
AMD,
+0.12%
climbed 0.71% to $112.55.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.49%
inched down 0.62% to $21.77. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.23%,
which is focused on pure-play crypto companies, declined 2.15% to $7.27. Grayscale Bitcoin Trust
GBTC,
-1.07%,
which tracks the Bitcoin market price, sank 0.77% to $26.74.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

News Room November 8, 2023 November 8, 2023
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