Most large cryptocurrencies were up during morning trading on Monday, with Uniswap
UNIUSD,
+0.34%
seeing the biggest move, rallying 2.84% to $5.47.
Six additional currencies posted increases Monday. Polkadot
DOTUSD,
+0.80%
rallied 1.66% to $5.23, and Solana
SOLUSD,
-1.48%
rose 1.60% to $17.12.
Polygon
MATICUSD,
-1.37%
climbed 1.12% to 67 cents, while Bitcoin
BTCUSD,
-0.45%
climbed 0.88% to $30,628.00. Ethereum
ETHUSD,
-0.98%
rose 0.01% to $1,905.78.
Cardano
ADAUSD,
-2.31%,
which posted the smallest increase, rose 0.01% to 29 cents.
On the other hand, two cryptos posted decreases, with Ripple
XRPUSD,
-1.91%
seeing the largest drop at 0.62% to 49 cents. Dogecoin
DOGEUSD,
-1.62%
inched down 0.15% to 7 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.80%
rose 7.08% to $65.82, while MicroStrategy Inc.
MSTR,
-7.02%
inched down 0.49% to $327.50. Riot Platforms Inc.
RIOT,
-6.12%
shares climbed 2.85% to $11.93, and shares of Marathon Digital Holdings Inc.
MARA,
-9.05%
climbed 1.30% to $12.88.
Overstock.com Inc.
OSTK,
-5.65%
dropped 1.23% to $23.62, while Block Inc.
SQ,
-0.95%
rallied 1.24% to $63.64 and Tesla Inc.
TSLA,
-4.68%
slid 0.02% to $256.55.
PayPal Holdings Inc.
PYPL,
-0.28%
climbed 0.34% to $67.17, and Ebang International Holdings Inc.
EBON,
-1.53%
shares climbed 0.68% to $7.40. NVIDIA Corp.
NVDA,
-4.75%
climbed 1.19% to $427.11, and Advanced Micro Devices Inc.
AMD,
-1.99%
increased 1.95% to $112.15.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-4.48%,
which is focused on pure-play crypto companies, climbed 1.17% to $7.75. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.73%
climbed 0.63% to $21.73. Grayscale Bitcoin Trust
GBTC,
-3.86%,
which tracks the Bitcoin market price, climbed 1.25% to $19.43.
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