Most large cryptocurrencies were down during morning trading on Monday, with Dogecoin
DOGEUSD,
seeing the biggest move, dropping 1.56% to 7 cents.
Seven additional currencies posted reductions Monday. Polkadot
DOTUSD,
fell 1.05% to $4.98, and Cardano
ADAUSD,
sank 0.68% to 29 cents.
Polygon
MATICUSD,
slipped 0.68% to 68 cents, while Solana
SOLUSD,
inched down 0.61% to $24.39. Ripple
XRPUSD,
slipped 0.58% to 63 cents.
Ethereum
ETHUSD,
and Bitcoin
BTCUSD,
rounded out the decreases for Monday, dropping 0.53% to $1,843.35 and 0.23% to $29,332.30, respectively.
On the other hand, Uniswap
UNIUSD,
posted the only increase among the largest cryptos, rising 0.41% to $6.18.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 1.39% to $79.88, while MicroStrategy Inc.
MSTR,
shed 1.86% to $377.17. Riot Platforms Inc.
RIOT,
shares dropped 5.45% to $14.40, and shares of Marathon Digital Holdings Inc.
MARA,
shed 4.37% to $14.23.
Overstock.com Inc.
OSTK,
declined 1.37% to $31.10, while Block Inc.
SQ,
sank 0.52% to $60.26 and Tesla Inc.
TSLA,
dropped 2.64% to $236.25.
PayPal Holdings Inc.
PYPL,
rallied 1.46% to $62.44, and Ebang International Holdings Inc.
EBON,
shares rose 0.89% to $7.94. NVIDIA Corp.
NVDA,
rose 1.86% to $416.14, and Advanced Micro Devices Inc.
AMD,
climbed 0.77% to $108.40.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 1.99% to $23.10. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 3.45% to $8.39. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.05% to $19.83.
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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