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Indebta > Investing > Polygon leads way as most big cryptocurrencies post drops
Investing

Polygon leads way as most big cryptocurrencies post drops

News Room
Last updated: 2024/01/30 at 4:56 AM
By News Room
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2 Min Read
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Most large cryptocurrencies were down during morning trading on Monday, with Polygon
MATICUSD,
-0.32%
seeing the biggest change, dropping 1.62% to 78 cents.

Six additional currencies posted reductions Monday. Ethereum
ETHUSD,
-0.09%
sank 0.93% to $2,242.18, and Ripple
XRPUSD,
-0.99%
inched down 0.91% to 52 cents.

Uniswap
UNIUSD,
+1.05%
inched down 0.91% to $5.89, while Cardano
ADAUSD,
+0.57%
sank 0.63% to 49 cents. Polkadot
DOTUSD,
-3.29%
slid 0.40% to $6.73.

Bitcoin
BTCUSD,
+0.33%,
which posted the smallest decrease, slipped 0.14% to $41,936.70

On the other hand, two cryptos posted increases, with Dogecoin
DOGEUSD,
-0.85%
seeing the largest rise at 2.95% to 8 cents. Solana
SOLUSD,
+2.39%
rose 0.01% to $95.97.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+6.09%
increased 3.99% to $130.19, while MicroStrategy Inc.
MSTR,
+3.90%
increased 1.28% to $500.84. Riot Platforms Inc.
RIOT,
+1.76%
shares increased 1.32% to $11.50, and shares of Marathon Digital Holdings Inc.
MARA,
+3.75%
rose 2.75% to $18.34.

Block Inc.
SQ,
+6.17%
climbed 2.97% to $66.90 and Tesla Inc.
TSLA,
+4.19%
climbed 0.37% to $183.92.

PayPal Holdings Inc.
PYPL,
+3.20%
climbed 0.21% to $61.91, and Ebang International Holdings Inc.
EBON,
+4.93%
shares rose 1.78% to $9.71. NVIDIA Corp.
NVDA,
+2.35%
increased 1.01% to $616.50, and Advanced Micro Devices Inc.
AMD,
+0.33%
slipped 0.65% to $176.09.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+4.79%,
which is focused on pure-play crypto companies, climbed 2.01% to $9.15. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.08%
rose 0.86% to $27.58.


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

News Room January 30, 2024 January 30, 2024
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