Most of the large cryptocurrencies were down during morning trading on Monday, with Cardano
ADAUSD,
-1.16%
seeing the biggest change, tumbling 3.63% to 44 cents.
Seven additional currencies posted decreases Monday. Bitcoin
BTCUSD,
-0.64%
declined 3.11% to $29,412.20, and Ethereum
ETHUSD,
-0.27%
dropped 2.44% to $2,071.16.
Uniswap
UNIUSD,
-0.05%
declined 2.44% to $6.16, while Polkadot
DOTUSD,
-0.67%
shed 2.17% to $6.68. Ripple
XRPUSD,
+0.96%
declined 1.74% to 51 cents.
Polygon
MATICUSD,
+0.32%
and Solana
SOLUSD,
-0.97%
rounded out the decreases for Monday, dropping 0.84% to $1.17 and 0.79% to $25.22, respectively.
On the other hand, Dogecoin
DOGEUSD,
+0.40%
posted the only increase among the largest cryptos, rising 0.11% to 9 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.68%
declined 5.89% to $65.80, while MicroStrategy Inc.
MSTR,
+5.37%
dropped 4.42% to $318.99. Riot Platforms Inc.
RIOT,
+4.02%
shares dropped 8.98% to $12.27, and shares of Marathon Digital Holdings Inc.
MARA,
+2.01%
fell 6.43% to $11.20.
Overstock.com Inc.
OSTK,
-0.97%
climbed 0.90% to $19.14, while Block Inc.
SQ,
-0.45%
slid 0.03% to $64.02 and Tesla Inc.
TSLA,
-1.46%
climbed 2.16% to $189.00.
PayPal Holdings Inc.
PYPL,
-1.18%
climbed 0.59% to $76.98, and Ebang International Holdings Inc.
EBON,
+0.66%
shares rose 4.06% to $6.41. NVIDIA Corp.
NVDA,
+2.46%
rose 0.04% to $267.70, and Advanced Micro Devices Inc.
AMD,
-0.10%
dropped 1.64% to $90.25.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.02%
dropped 3.25% to $20.22. The Bitwise Crypto Industry Innovators ETF
BITQ,
+3.18%,
which is focused on pure-play crypto companies, dropped 5.62% to $6.72. Grayscale Bitcoin Trust
GBTC,
+1.96%,
which tracks the Bitcoin market price, fell 4.19% to $16.70.
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
