Connect with us

Hi, what are you looking for?

Investing

Large cryptocurrencies drop on Solana, Ripple declines

All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
-9.02%
seeing the biggest move, tumbling 3.25% to $21.45.

Ripple
XRPUSD,
-6.87%
shed 2.58% to 53 cents, and Cardano
ADAUSD,
-6.93%
declined 2.44% to 37 cents.

Dogecoin
DOGEUSD,
-8.69%
shed 2.44% to 7 cents on Monday, while Ethereum
ETHUSD,
-5.08%
declined 1.96% to $1,867.19 and Polygon
MATICUSD,
-6.12%
fell 1.99% to 89 cents.

Bitcoin
BTCUSD,
-5.30%
and Uniswap
UNIUSD,
-7.28%
fell 1.92% to $26,723.80 and 1.70% to $4.97

Polkadot
DOTUSD,
-6.30%
posted the smallest drop with a 1.33% decline to $5.28.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-10.24%
declined 3.56% to $62.26, while MicroStrategy Inc.
MSTR,
-8.29%
shed 3.21% to $292.43. Riot Platforms Inc.
RIOT,
-9.50%
shares fell 3.59% to $11.29, and shares of Marathon Digital Holdings Inc.
MARA,
-7.48%
declined 2.09% to $9.82.

Overstock.com Inc.
OSTK,
-0.08%
rose 0.20% to $19.72, while Block Inc.
SQ,
+0.47%
slid 0.88% to $62.90 and Tesla Inc.
TSLA,
+1.87%
increased 2.24% to $218.77.

PayPal Holdings Inc.
PYPL,
+1.39%
rose 0.39% to $64.21, and Ebang International Holdings Inc.
EBON,
-1.89%
shares climbed 0.16% to $6.37. NVIDIA Corp.
NVDA,
-0.69%
dropped 1.22% to $388.46, and Advanced Micro Devices Inc.
AMD,
+0.65%
slid 0.82% to $116.89.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.11%
declined 1.47% to $20.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.59%,
which is focused on pure-play crypto companies, fell 1.82% to $7.02. Grayscale Bitcoin Trust
GBTC,
-4.21%,
which tracks the Bitcoin market price, dropped 2.64% to $14.00.


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.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube