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Solana leads declines as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Monday, with Polygon
MATICUSD,
+3.45%
seeing the biggest move, rising 2.80% to 69 cents.

Solana
SOLUSD,
-1.79%
led the decreases with a 1.90% drop to $19.13.

Four other cryptocurrencies saw increases Monday. Ethereum
ETHUSD,
+2.51%
rose 2.40% to $1,964.58, and Uniswap
UNIUSD,
+3.08%
increased 2.10% to $5.63.

Cardano
ADAUSD,
+2.03%
and Bitcoin
BTCUSD,
+0.95%
rounded out the increases, rising 1.03% to 29 cents and 0.18% to $30,648.60.

In addition to Solana, three other currencies posted decreases. Dogecoin
DOGEUSD,
-0.10
inched down 0.80% to 7 cents, and Ripple
XRPUSD,
+0.12%
slipped 0.45% to 48 cents.

Polkadot
DOTUSD,
+0.83%,
which rounded out the decreases, slid 0.37% to $5.42.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+10.79%
increased 7.67% to $77.04, while MicroStrategy Inc.
MSTR,
+8.18%
rallied 5.33% to $360.68. Riot Platforms Inc.
RIOT,
+11.42%
shares rose 5.08% to $12.42, and shares of Marathon Digital Holdings Inc.
MARA,
+10.39%
rallied 5.48% to $14.62.

Overstock.com Inc.
OSTK,
-2.27%
dropped 1.54% to $32.07, while Block Inc.
SQ,
-0.17%
rose 0.57% to $66.95 and Tesla Inc.
TSLA,
+6.41%
rallied 7.65% to $281.79.

PayPal Holdings Inc.
PYPL,
+1.89%
rose 1.05% to $67.43, and Ebang International Holdings Inc.
EBON,
+0.14%
shares climbed 0.03% to $6.90. NVIDIA Corp.
NVDA,
+0.59%
rose 0.45% to $424.91, and Advanced Micro Devices Inc.
AMD,
+1.17%
rallied 1.61% to $115.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+8.20%,
which is focused on pure-play crypto companies, climbed 4.10% to $8.38. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.38%
increased 2.29% to $23.27. Grayscale Bitcoin Trust
GBTC,
+5.58%,
which tracks the Bitcoin market price, rose 1.80% to $19.54.


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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