Most Large Cryptocurrencies Increase as Avalanche Rallies

Dow Jones
Oct 06

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

Most large cryptocurrencies were up during U.S. morning trading on Tuesday, with Avalanche seeing the biggest change, climbing 4.08% to $11.43.

Six additional currencies posted gains Tuesday. Cardano rose 2.08% to 27 cents, and XRP rose 0.60% to $1.51.

Bitcoin rose 0.59% to $86,287.60, while Dogecoin climbed 0.35% to 10 cents. Solana rose 0.03% to $120.93.

Ethereum , which posted the smallest increase, rose 0.03% to $2,713.73.

On the other hand, two cryptos posted decreases, with Sui seeing the largest drop at 2.86% to $1.19. Tronix sank 0.25% to 34 cents.

In crypto-related company news, shares of Coinbase Global Inc. climbed 1.36% to $190.79, while Strategy Inc. climbed 1.84% to $167.46. Riot Platforms Inc. shares climbed 1.47% to $19.60, and shares of MARA Holdings Inc. rose 0.80% to $11.26.

Block Inc. climbed 0.22% to $76.40 and Tesla Inc. climbed 0.44% to $380.42.

PayPal Holdings Inc. rose 0.18% to $54.51, and Ebang International Holdings Inc. shares declined 1.49% to $1.99. NVIDIA Corp. increased 1.43% to $242.32, and Advanced Micro Devices Inc. increased 1.83% to $643.32.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, climbed 1.45% to $25.88. Blockchain-focused Amplify Blockchain Technology ETF increased 1.14% to $62.68.

Data source: Dow Jones Market Data, FactSet

 

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