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Indebta > Investing > Large cryptocurrencies mixed as Dogecoin drops
Investing

Large cryptocurrencies mixed as Dogecoin drops

News Room
Last updated: 2023/05/24 at 9:06 AM
By News Room
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2 Min Read
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Large cryptocurrencies were mixed during morning trading on Tuesday, with Ethereum
ETHUSD,
-2.02%
seeing the biggest move, rising 1.59% to $1,847.02.

Dogecoin
DOGEUSD,
-2.32%
led the decreases with a 0.52% drop to 7 cents.

Five other cryptocurrencies saw increases Tuesday. Bitcoin
BTCUSD,
-1.99%
increased 1.26% to $27,236.60, and Polygon
MATICUSD,
-2.16%
climbed 1.04% to 88 cents.

Polkadot
DOTUSD,
-1.70%
rose 0.84% to $5.36, and Solana
SOLUSD,
-2.99%
climbed 0.81% to $19.84.

Uniswap
UNIUSD,
-2.33%,
which saw the smallest increase, climbed 0.47% to $5.11.

In addition to Dogecoin, two other currencies posted reductions. Ripple
XRPUSD,
-1.95%
slipped 0.35% to 46 cents, and Cardano
ADAUSD,
-1.81%
inched down 0.16% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.23%
rose 1.67% to $62.09, while MicroStrategy Inc.
MSTR,
-1.63%
climbed 2.09% to $300.26. Riot Platforms Inc.
RIOT,
-7.54%
shares climbed 1.39% to $12.37, and shares of Marathon Digital Holdings Inc.
MARA,
-3.62%
increased 5.02% to $10.16.

Overstock.com Inc.
OSTK,
-1.07%
climbed 1.35% to $18.03, while Block Inc.
SQ,
+1.55%
climbed 0.63% to $61.00 and Tesla Inc.
TSLA,
-1.64%
rallied 1.03% to $190.82.

PayPal Holdings Inc.
PYPL,
-1.63%
climbed 0.03% to $63.05, and Ebang International Holdings Inc.
EBON,
+1.59%
shares shed 3.34% to $6.08. NVIDIA Corp.
NVDA,
-1.57%
rose 0.06% to $311.96, and Advanced Micro Devices Inc.
AMD,
+0.11%
rallied 2.23% to $110.41.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-2.02%,
which is focused on pure-play crypto companies, increased 1.96% to $7.06. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.34%
increased 1.34% to $20.42. Grayscale Bitcoin Trust
GBTC,
+0.99%,
which tracks the Bitcoin market price, rallied 1.97% to $14.47.


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 May 24, 2023 May 24, 2023
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