Ripple leads way as most big cryptocurrencies post decreases

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Most large cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
+0.64%
seeing the biggest change, shedding 1.82% to 50 cents.

Six additional currencies posted reductions Monday. Bitcoin
BTCUSD,
-0.08%
fell 1.31% to $26,153.40, and Polygon
MATICUSD,
+0.04%
fell 1.08% to 51 cents.

Ethereum
ETHUSD,
+0.01%
inched down 1.08% to $1,576.01, while Dogecoin
DOGEUSD,
0.05
slid 0.53% to 6 cents. Cardano
ADAUSD,
+0.19%
slipped 0.17% to 24 cents.

Uniswap
UNIUSD,
-0.02%,
which posted the smallest decrease, slipped 0.14% to $4.25

On the other hand, two cryptos posted increases, with Polkadot
DOTUSD,
+0.03%
seeing the largest rise at 0.87% to $4.05. Solana
SOLUSD,
-0.36%
rose 0.46% to $19.57.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.11%
rose 0.21% to $71.11, while MicroStrategy Inc.
MSTR,
+1.48%
shed 1.21% to $318.91. Riot Platforms Inc.
RIOT,
+0.22%
shares slipped 0.78% to $9.17, and shares of Marathon Digital Holdings Inc.
MARA,
-1.27%
slid 0.72% to $8.61.

Overstock.com Inc.
OSTK,
-0.12%
sank 0.52% to $17.23, while Block Inc.
SQ,
+1.97%
increased 1.14% to $45.22 and Tesla Inc.
TSLA,
+0.86%
slid 0.34% to $244.05.

PayPal Holdings Inc.
PYPL,
+1.69%
climbed 0.92% to $58.41, and Ebang International Holdings Inc.
EBON,
+0.46%
shares climbed 0.60% to $7.58. NVIDIA Corp.
NVDA,
+1.47%
climbed 1.56% to $422.61, and Advanced Micro Devices Inc.
AMD,
+1.23%
climbed 0.02% to $96.22.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.46%,
which is focused on pure-play crypto companies, held steady at $6.59. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.56%
slipped 0.15% to $19.78. Grayscale Bitcoin Trust
GBTC,
-2.38%,
which tracks the Bitcoin market price, declined 2.28% to $18.47.


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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