Most large cryptocurrencies decline on Solana, Dogecoin drops

Polygon
MATICUSD,
-2.40%
declined 1.78% to 64 cents, while Bitcoin
BTCUSD,
-1.24%
dropped 1.25% to $25,801.40. Ripple
XRPUSD,
-0.24%
dropped 1.23% to 52 cents.

Polkadot
DOTUSD,
-0.51%,
which posted the smallest decrease, slid 0.72% to $4.50

On the other hand, two cryptos posted increases, with Cardano
ADAUSD,
-0.34%
seeing the largest rise at 1.24% to 28 cents. Uniswap
UNIUSD,
+1.98%
increased 1.22% to $4.14.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.86%
fell 2.91% to $51.73, while MicroStrategy Inc.
MSTR,
-0.99%
declined 1.18% to $279.00. Riot Platforms Inc.
RIOT,
-0.44%
shares sank 0.19% to $10.31, and shares of Marathon Digital Holdings Inc.
MARA,
+0.32%
slid 0.05% to $9.38.

Overstock.com Inc.
OSTK,
-2.65%
shed 1.35% to $20.46, while Block Inc.
SQ,
-1.43%
rose 0.46% to $65.24 and Tesla Inc.
TSLA,
+1.85%
climbed 1.43% to $247.89.

PayPal Holdings Inc.
PYPL,
-0.28%
rose 0.86% to $64.04, and Ebang International Holdings Inc.
EBON,
-4.45%
shares sank 0.86% to $7.12. NVIDIA Corp.
NVDA,
+0.23%
climbed 0.02% to $387.77, and Advanced Micro Devices Inc.
AMD,
+2.79%
increased 2.59% to $128.16.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.06%,
which is focused on pure-play crypto companies, climbed 0.07% to $6.58. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.15%
climbed 0.05% to $19.90. Grayscale Bitcoin Trust
GBTC,
-2.31%,
which tracks the Bitcoin market price, dropped 1.62% to $13.32.

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.