Large cryptocurrencies were mixed during U.S. morning trading on Tuesday, with Avalanche [s: AVAXUSD] seeing the biggest move, declining 3.95% to $28.23.


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Cardano led the increases with a 2.34% climb to 41 cents.

Five other currencies posted reductions Tuesday. Bitcoin fell 1.14% to $62,538.80, and Dogecoin shed 1.05% to 12 cents.

Ethereum sank 0.80% to $3,435.08, and Polkadot slid 6.40% to $6.40.

Chainlink recorded the smallest decline, declining 0.07% to $14.49.

In addition to Cardano, two other cryptocurrencies saw increases. Ripple rose 1.89% to 49 cents, and Solana increased 1.05% to $148.97.

In crypto-related company news, shares of Coinbase Global Inc. slid 0.24% to $232.81, while MicroStrategy Inc. inched down 0.44% to $1,360.00. Riot Platforms Inc. shares shed 1.31% to $9.82, and shares of Marathon Digital Holdings Inc. declined 1.06% to $22.32.

Block Inc. climbed 1.63% to $64.88 and Tesla Inc. climbed 7.00% to $224.56.

PayPal Holdings Inc. climbed 2.20% to $59.08, and Ebang International Holdings Inc. shares dropped 2.70% to $6.06. NVIDIA Corp. fell 1.42% to $122.53, and Advanced Micro Devices Inc. climbed 0.34% to $158.22.

In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, rose 1.82% to $14.54. Blockchain-focused Amplify Transformational Data Sharing ETF rose 0.26% to $36.26.

Data source: Dow Jones Market Data, FactSet


(END) Dow Jones Newswires

07-02-24 1017ET