Large cryptocurrencies drop on Solana, Ripple decreases

All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
-1.13%
seeing the biggest change, shedding 2.38% to $21.37.

Ripple
XRPUSD,
-0.77%
dropped 2.22% to 53 cents, and Polygon
MATICUSD,
-2.28%
fell 2.02% to 57 cents.

Dogecoin
DOGEUSD,
+0.76%
shed 2.02% to 6 cents on Monday, while Uniswap
UNIUSD,
-2.31%
declined 1.38% to $4.85 and Cardano
ADAUSD,
-1.60%
fell 1.43% to 27 cents.

Polkadot
DOTUSD,
-0.69%
and Ethereum
ETHUSD,
-0.48%
fell 0.84% to $4.48 and 0.69% to $1,676.91

Bitcoin
BTCUSD,
-0.22%
rounded out the decreases with a 0.37% decline to $26,129.50.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.86%
climbed 1.52% to $74.30, while MicroStrategy Inc.
MSTR,
+2.02%
rallied 2.09% to $335.48. Riot Platforms Inc.
RIOT,
-3.07%
shares rallied 1.40% to $11.23, and shares of Marathon Digital Holdings Inc.
MARA,
-2.04%
rose 2.21% to $11.53.

Overstock.com Inc.
OSTK,
-4.83%
sank 0.83% to $26.08, while Block Inc.
SQ,
+1.20%
rose 0.12% to $56.95 and Tesla Inc.
TSLA,
+7.33%
climbed 6.02% to $228.47.

PayPal Holdings Inc.
PYPL,
+0.15%
rose 0.19% to $59.54, and Ebang International Holdings Inc.
EBON,
+3.37%
shares fell 2.54% to $7.28. NVIDIA Corp.
NVDA,
+8.47%
increased 4.53% to $452.59, and Advanced Micro Devices Inc.
AMD,
+2.63%
climbed 1.88% to $107.44.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.70%
climbed 0.80% to $21.48. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.83%,
which is focused on pure-play crypto companies, slid 0.81% to $7.21. Grayscale Bitcoin Trust
GBTC,
-1.09%,
which tracks the Bitcoin market price, slipped 0.52% to $17.31.

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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