All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
seeing the biggest move, tumbling 3.25% to $21.45.
Ripple
XRPUSD,
shed 2.58% to 53 cents, and Cardano
ADAUSD,
declined 2.44% to 37 cents.
Dogecoin
DOGEUSD,
shed 2.44% to 7 cents on Monday, while Ethereum
ETHUSD,
declined 1.96% to $1,867.19 and Polygon
MATICUSD,
fell 1.99% to 89 cents.
Bitcoin
BTCUSD,
and Uniswap
UNIUSD,
fell 1.92% to $26,723.80 and 1.70% to $4.97
Polkadot
DOTUSD,
posted the smallest drop with a 1.33% decline to $5.28.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 3.56% to $62.26, while MicroStrategy Inc.
MSTR,
shed 3.21% to $292.43. Riot Platforms Inc.
RIOT,
shares fell 3.59% to $11.29, and shares of Marathon Digital Holdings Inc.
MARA,
declined 2.09% to $9.82.
Overstock.com Inc.
OSTK,
rose 0.20% to $19.72, while Block Inc.
SQ,
slid 0.88% to $62.90 and Tesla Inc.
TSLA,
increased 2.24% to $218.77.
PayPal Holdings Inc.
PYPL,
rose 0.39% to $64.21, and Ebang International Holdings Inc.
EBON,
shares climbed 0.16% to $6.37. NVIDIA Corp.
NVDA,
dropped 1.22% to $388.46, and Advanced Micro Devices Inc.
AMD,
slid 0.82% to $116.89.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 1.47% to $20.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 1.82% to $7.02. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 2.64% to $14.00.
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.
Read the full article here
