Ripple leads way as most big cryptocurrencies post drops

Solana
SOLUSD,
+1.35%
fell 2.01% to $22.80, while Polkadot
DOTUSD,
+0.74%
slid 0.79% to $4.98. Bitcoin
BTCUSD,
+0.20%
slipped 0.34% to $28,999.80.

Polygon
MATICUSD,
+1.50%
and Ethereum
ETHUSD,
+0.36%
rounded out the decreases for Monday, dropping 0.31% to 67 cents and 0.14% to $1,826.31, respectively.

On the other hand, Cardano
ADAUSD,
+1.32%
posted the only increase among the largest cryptos, rising 0.14% to 29 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.55%
declined 2.77% to $84.89, while MicroStrategy Inc.
MSTR,
-1.63%
fell 3.33% to $364.40. Riot Platforms Inc.
RIOT,
-4.62%
shares shed 6.14% to $16.06, and shares of Marathon Digital Holdings Inc.
MARA,
-4.80%
dropped 5.75% to $14.92.

Overstock.com Inc.
OSTK,
-3.22%
sank 0.68% to $33.63, while Block Inc.
SQ,
+0.77%
increased 2.08% to $64.84 and Tesla Inc.
TSLA,
-0.95%
fell 3.21% to $245.72.

PayPal Holdings Inc.
PYPL,
+2.66%
rallied 1.72% to $63.83, and Ebang International Holdings Inc.
EBON,
-5.32%
shares declined 3.90% to $8.13. NVIDIA Corp.
NVDA,
+1.65%
climbed 1.27% to $452.48, and Advanced Micro Devices Inc.
AMD,
+0.85%
rose 1.57% to $117.64.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.49%
declined 1.07% to $24.01. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.13%,
which is focused on pure-play crypto companies, fell 3.47% to $8.62. Grayscale Bitcoin Trust
GBTC,
-0.31%,
which tracks the Bitcoin market price, slipped 0.10% to $19.20.

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.