Most large cryptocurrencies fall as Avalanche, Ethereum and Cardano lead declines
Updated
Updated · MarketWatch · Apr 27
Most large cryptocurrencies fall as Avalanche, Ethereum and Cardano lead declines
9 articles · Updated · MarketWatch · Apr 27
Avalanche USD dropped 2.43% to $9.23, Ethereum fell 2.21% to $2,311.80, and Cardano slid 2.13% to 25 cents during U.S. morning trading Monday.
Other major cryptocurrencies including XRP, Solana, Sui, Dogecoin, and Bitcoin also posted losses, while Tronix was the only gainer, up 0.72%.
Crypto-related stocks saw mixed movements, with Coinbase and Tesla shares falling, while Riot Platforms and NVIDIA rose. Blockchain-focused ETFs also edged lower amid the broader market downturn.
With strong fundamentals but a falling price, is Avalanche the market's most undervalued asset?
Is Bitcoin becoming just another high-risk tech stock and losing its unique edge?
Now that major cryptos are commodities, what is the next big hurdle for mass adoption?
Could massive short positions trigger an explosive Bitcoin price squeeze to new all-time highs?
How will NVIDIA's AI chip dominance shape the future of the new crypto-AI industry?
Are Bitcoin miners' pivot to AI a genius move or a last-ditch effort to survive?