Most large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
seeing the biggest change, declining 4.51% to $15.24.
Six additional currencies posted decreases Monday. Dogecoin
DOGEUSD,
declined 2.03% to 6 cents, and Ethereum
ETHUSD,
dropped 1.78% to $1,738.99.
Polygon
MATICUSD,
declined 1.78% to 64 cents, while Bitcoin
BTCUSD,
dropped 1.25% to $25,801.40. Ripple
XRPUSD,
dropped 1.23% to 52 cents.
Polkadot
DOTUSD,
which posted the smallest decrease, slid 0.72% to $4.50
On the other hand, two cryptos posted increases, with Cardano
ADAUSD,
seeing the largest rise at 1.24% to 28 cents. Uniswap
UNIUSD,
increased 1.22% to $4.14.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 2.91% to $51.73, while MicroStrategy Inc.
MSTR,
declined 1.18% to $279.00. Riot Platforms Inc.
RIOT,
shares sank 0.19% to $10.31, and shares of Marathon Digital Holdings Inc.
MARA,
slid 0.05% to $9.38.
Overstock.com Inc.
OSTK,
shed 1.35% to $20.46, while Block Inc.
SQ,
rose 0.46% to $65.24 and Tesla Inc.
TSLA,
climbed 1.43% to $247.89.
PayPal Holdings Inc.
PYPL,
rose 0.86% to $64.04, and Ebang International Holdings Inc.
EBON,
shares sank 0.86% to $7.12. NVIDIA Corp.
NVDA,
climbed 0.02% to $387.77, and Advanced Micro Devices Inc.
AMD,
increased 2.59% to $128.16.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 0.07% to $6.58. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.05% to $19.90. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.62% to $13.32.
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
