All large cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
seeing the biggest move, tumbling 5.05% to 47 cents.
Solana
SOLUSD,
shed 4.25% to $17.56, and Polygon
MATICUSD,
declined 4.06% to 50 cents.
Polkadot
DOTUSD,
fell 4.06% to $4.01 on Monday, while Ethereum
ETHUSD,
declined 1.93% to $1,587.85 and Uniswap
UNIUSD,
dropped 2.17% to $4.14.
Dogecoin
DOGEUSD,
and Cardano
ADAUSD,
fell 1.90% to 6 cents and 1.68% to 24 cents
Bitcoin
BTCUSD,
rounded out the decreases with a 0.80% decline to $25,611.90.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 3.86% to $78.93, while MicroStrategy Inc.
MSTR,
fell 2.66% to $346.80. Riot Platforms Inc.
RIOT,
shares shed 3.29% to $10.59, and shares of Marathon Digital Holdings Inc.
MARA,
dropped 7.61% to $10.08.
Overstock.com Inc.
OSTK,
dropped 1.43% to $20.61, while Block Inc.
SQ,
climbed 1.75% to $54.01 and Tesla Inc.
TSLA,
rallied 6.52% to $264.70.
PayPal Holdings Inc.
PYPL,
climbed 0.57% to $61.33, and Ebang International Holdings Inc.
EBON,
shares inched down 0.78% to $7.34. NVIDIA Corp.
NVDA,
dropped 1.74% to $447.78, and Advanced Micro Devices Inc.
AMD,
fell 1.81% to $104.17.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.07% to $21.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 1.86% to $7.13. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.31% to $19.24.
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.
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