Large cryptocurrencies mixed as Solana declines

10 January 2024

in Solano

Reading Time: 2 mins read

Published: Jan. 10, 2024 at 10:00 a.m. ET

Large cryptocurrencies were mixed during morning trading on Wednesday, with Solana Solana USD seeing the biggest move, declining 3.94% to $92.66.

Uniswap Uniswap USD lead the increases with a 3.51% climb to $6.04.

Five other currencies posted drops Wednesday. Cardano Cardano USD fell 2.35% to 49 cents, and Ripple XRP USD shed 2.16% to 55 cents.

…

Large cryptocurrencies were mixed during morning trading on Wednesday, with Solana

SOLUSD

seeing the biggest move, declining 3.94% to $92.66.

Uniswap

UNIUSD

lead the increases with a 3.51% climb to $6.04.

Five other currencies posted drops Wednesday. Cardano

ADAUSD

fell 2.35% to 49 cents, and Ripple

XRPUSD

shed 2.16% to 55 cents.

Bitcoin

BTCUSD

shed 1.35% to $44,874.80, and Dogecoin

DOGEUSD

declined 0.08% to 8 cents.

Polkadot

DOTUSD

recorded the smallest decline, tumbling 0.99% to $6.93.

In addition to Uniswap, two other cryptocurrencies saw increases. Polygon

MATICUSD

increased 3.08% to 82 cents, and Ethereum

ETHUSD

climbed 2.84% to $2,385.77.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

shed 4.66% to $144.90, while MicroStrategy Inc.

MSTR

shed 3.24% to $558.60. Riot Platforms Inc.

RIOT

shares shed 5.46% to $14.88, and shares of Marathon Digital Holdings Inc.

MARA

dropped 6.61% to $24.03.

Block Inc.

SQ

fell 2.16% to $68.03 and Tesla Inc.

TSLA

shed 1.09% to $232.41.

PayPal Holdings Inc.

PYPL

slid 0.54% to $60.72, and Ebang International Holdings Inc.

EBON

shares declined 7.95% to $10.89. NVIDIA Corp.

NVDA

rose 1.52% to $539.50, and Advanced Micro Devices Inc.

AMD

fell 1.31% to $147.31.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

declined 2.32% to $28.46. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, dropped 4.41% to $10.63. Grayscale Bitcoin Trust

GBTC

,

which tracks the Bitcoin market price, fell 2.74% to $37.93.

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.

Credit: Source link