All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
seeing the biggest move, dropping 5.59% to $87.37.
Polkadot
DOTUSD,
declined 4.84% to $6.56, and Uniswap
UNIUSD,
dropped 4.73% to $6.14.
Ethereum
ETHUSD,
dropped 4.73% to $2,368.31 on Monday, while Ripple
XRPUSD,
shed 3.94% to 53 cents and Polygon
MATICUSD,
shed 4.18% to 76 cents.
Cardano
ADAUSD,
and Bitcoin
BTCUSD,
fell 2.77% to 49 cents and 2.58% to $40,676.20
Dogecoin
DOGEUSD,
posted the smallest drop with a 2.09% decline to 8 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 5.08% to $131.09, while MicroStrategy Inc.
MSTR,
sank 0.02% to $480.90. Riot Platforms Inc.
RIOT,
shares increased 6.03% to $10.91, and shares of Marathon Digital Holdings Inc.
MARA,
rose 5.26% to $16.98.
Block Inc.
SQ,
climbed 5.03% to $69.16 and Tesla Inc.
TSLA,
increased 2.13% to $216.71.
PayPal Holdings Inc.
PYPL,
rose 2.12% to $67.22, and Ebang International Holdings Inc.
EBON,
shares fell 2.43% to $8.92. NVIDIA Corp.
NVDA,
rose 0.69% to $599.01, and Advanced Micro Devices Inc.
AMD,
declined 2.87% to $169.23.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 2.24% to $8.68. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 1.13% to $26.90.
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
