Ripple leads way as most big cryptocurrencies post decreases
Most of the largest cryptocurrencies were down during morning trading on Monday, with Ripple seeing the biggest change, tumbling 2.41% to 34 cents. Seven...
Most of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
+0.36%
seeing the biggest change, tumbling 2.41% to 34 cents.
Seven additional currencies posted reductions Monday. Dogecoin
DOGEUSD,
-1.13%
dropped 1.96% to 8 cents, and Litecoin
LTCUSD,
-0.21%
shed 1.48% to $63.43.
Cardano
ADAUSD,
-0.11%
declined 1.48% to 26 cents, while Bitcoin Cash
BCHUSD,
-1.39%
inched down 0.82% to $101.24. Uniswap
UNIUSD,
-0.36%
slipped 0.56% to $5.30.
Polkadot
DOTUSD,
+0.62%
and Bitcoin
BTCUSD,
-0.01%
rounded out the decreases for Monday, dropping 0.38% to $4.64 and 0.09% to $16,735.13, respectively.
On the other hand, Ethereum
ETHUSD,
-0.24%
posted the only increase among the largest cryptos, rising 0.29% to $1,186.47.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.79%
declined 3.48% to $35.33, while MicroStrategy Inc.
MSTR,
-3.32%
slid 0.87% to $172.23. Riot Blockchain Inc.
RIOT,
-3.93%
shares fell 2.89% to $3.69, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%
shed 2.19% to $3.80.
Overstock.com Inc.
OSTK,
-6.52%
sank 0.66% to $20.29, while Block Inc.
SQ,
-13.64%
fell 2.08% to $61.21 and Tesla Inc.
TSLA,
-2.11%
rose 2.21% to $153.55.
PayPal Holdings Inc.
PYPL,
-2.23%
shed 1.43% to $68.27, and Ebang International Holdings Inc.
EBON,
-2.53%
shares climbed 2.26% to $3.17. NVIDIA Corp.
NVDA,
+0.37%
fell 1.99% to $162.41, and Advanced Micro Devices Inc.
AMD,
+2.36%
fell 1.43% to $64.29.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.86%
dropped 1.04% to $15.27. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.08%,
which is focused on pure-play crypto companies, dropped 3.66% to $3.54. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 4.92% to $8.32.
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.