Solana leads way as large cryptocurrencies fall

0 2

All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
-0.90%
seeing the biggest move, dropping 5.59% to $87.37.

Polkadot
DOTUSD,
-0.87%
declined 4.84% to $6.56, and Uniswap
UNIUSD,
-0.13%
dropped 4.73% to $6.14.

Ethereum
ETHUSD,
-0.79%
dropped 4.73% to $2,368.31 on Monday, while Ripple
XRPUSD,
-0.55%
shed 3.94% to 53 cents and Polygon
MATICUSD,
-0.60%
shed 4.18% to 76 cents.

Cardano
ADAUSD,
-0.91%
and Bitcoin
BTCUSD,
-0.25%
fell 2.77% to 49 cents and 2.58% to $40,676.20

Dogecoin
DOGEUSD,
-0.77%
posted the smallest drop with a 2.09% decline to 8 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.77%
climbed 5.08% to $131.09, while MicroStrategy Inc.
MSTR,
-2.25%
sank 0.02% to $480.90. Riot Platforms Inc.
RIOT,
+3.01%
shares increased 6.03% to $10.91, and shares of Marathon Digital Holdings Inc.
MARA,
+2.98%
rose 5.26% to $16.98.

Block Inc.
SQ,
+1.28%
climbed 5.03% to $69.16 and Tesla Inc.
TSLA,
-1.60%
increased 2.13% to $216.71.

PayPal Holdings Inc.
PYPL,
-3.16%
rose 2.12% to $67.22, and Ebang International Holdings Inc.
EBON,
-6.02%
shares fell 2.43% to $8.92. NVIDIA Corp.
NVDA,
+0.27%
rose 0.69% to $599.01, and Advanced Micro Devices Inc.
AMD,
-3.47%
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,
+0.04%
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

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy