Most large cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
seeing the biggest move, falling 1.25% to 54 cents.
Six additional currencies posted drops Monday. Dogecoin
DOGEUSD,
sank 0.67% to 9 cents, and Uniswap
UNIUSD,
slid 0.60% to $10.65.
Polkadot
DOTUSD,
sank 0.60% to $7.76, while Ethereum
ETHUSD,
slipped 0.19% to $3,103.51. Bitcoin
BTCUSD,
slipped 0.11% to $51,699.90.
Solana
SOLUSD,
which posted the smallest decrease, slipped 0.02% to $103.49
On the other hand, two cryptos posted increases, with Polygon
MATICUSD,
seeing the largest rise at 5.52% to $1.04. Cardano
ADAUSD,
rose 0.67% to 59 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 6.95% to $177.51, while MicroStrategy Inc.
MSTR,
climbed 9.34% to $751.66. Riot Platforms Inc.
RIOT,
shares climbed 8.84% to $16.16, and shares of Marathon Digital Holdings Inc.
MARA,
rose 9.92% to $26.37.
Block Inc.
SQ,
fell 4.42% to $75.43 and Tesla Inc.
TSLA,
increased 2.32% to $196.42.
PayPal Holdings Inc.
PYPL,
rose 0.14% to $59.24, and Ebang International Holdings Inc.
EBON,
shares climbed 4.62% to $9.73. NVIDIA Corp.
NVDA,
rose 0.11% to $789.00, and Advanced Micro Devices Inc.
AMD,
sank 0.78% to $175.15.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 6.27% to $11.27. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 2.93% to $32.32.
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.
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