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AmextaFinance > Investing > Large cryptocurrencies fall as Cardano drops
Investing

Large cryptocurrencies fall as Cardano drops

News Room
Last updated: 2024/02/01 at 5:32 PM
By News Room
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2 Min Read
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All large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
-0.40%
seeing the biggest change, declining 4.52% to 50 cents.

Uniswap
UNIUSD,
-0.43%
fell 4.33% to $6.03, and Solana
SOLUSD,
-0.82%
fell 4.27% to $99.83.

Polkadot
DOTUSD,
-0.25%
dropped 4.27% to $6.71 on Wednesday, while Dogecoin
DOGEUSD,
-0.25%
declined 2.71% to 8 cents and Ethereum
ETHUSD,
-0.24%
fell 3.06% to $2,307.60.

Polygon
MATICUSD,
-0.73%
and Bitcoin
BTCUSD,
-0.43%
fell 1.85% to 80 cents and 1.55% to $42,871.00

Ripple
XRPUSD,
-0.41%
posted the smallest drop with a 1.38% decline to 50 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.59%
rose 0.65% to $131.67, while MicroStrategy Inc.
MSTR,
+0.45%
fell 1.35% to $512.51. Riot Platforms Inc.
RIOT,
+3.67%
shares fell 1.81% to $11.14, and shares of Marathon Digital Holdings Inc.
MARA,
+4.91%
shed 2.13% to $17.73.

Block Inc.
SQ,
+2.55%
shed 1.51% to $67.19 and Tesla Inc.
TSLA,
+0.84%
dropped 1.23% to $189.24.

PayPal Holdings Inc.
PYPL,
+1.09%
shed 1.64% to $62.64, and Ebang International Holdings Inc.
EBON,
-1.11%
shares declined 3.15% to $8.95. NVIDIA Corp.
NVDA,
+2.44%
dropped 1.74% to $616.79, and Advanced Micro Devices Inc.
AMD,
+1.66%
dropped 2.57% to $167.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.23%
slipped 0.73% to $27.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
+1.46%,
which is focused on pure-play crypto companies, dropped 2.20% to $9.06.


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 February 1, 2024 February 1, 2024
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