All large cryptocurrencies were down during morning trading on Monday, with Solana SOLUSD, +0.35% seeing the biggest change, dropping 4.78% to $22.31.
Polygon MATICUSD, -1.06% fell 4.38% to 54 cents, and Polkadot DOTUSD, -2.32% dropped 3.80% to $3.87.
Ripple XRPUSD, -1.73% fell 3.80% to 50 cents on Monday, while Dogecoin DOGEUSD, -1.16% shed 3.26% to 6 cents and Uniswap UNIUSD, +0.22% declined 3.50% to $4.22.
Ethereum ETHUSD, +0.10% and Cardano ADAUSD, -0.87% fell 2.65% to $1,593.78 and 1.84% to 25 cents
Bitcoin BTCUSD, -0.40% rounded out the decreases with a 1.46% decline to $27,517.90.
In crypto-related company news, shares of Coinbase Global Inc. COIN, -2.96% inched down 0.47% to $78.09, while MicroStrategy Inc. MSTR, -7.89% fell 1.61% to $335.16. Riot Platforms Inc. RIOT, -2.40% shares sank 0.30% to $9.89, and shares of Marathon Digital Holdings Inc. MARA, +2.20% slid 0.87% to $8.01.
Overstock.com Inc. OSTK dropped 2.75% to $16.98, while Block Inc. SQ, -4.97% shed 1.32% to $43.25 and Tesla Inc. TSLA, -4.01% dropped 1.67% to $256.17.
PayPal Holdings Inc. PYPL, -4.60% shed 1.94% to $56.65, and Ebang International Holdings Inc. EBON, -2.19% shares rose 0.70% to $7.22. NVIDIA Corp. NVDA, -1.24% shed 2.00% to $448.47, and Advanced Micro Devices Inc. AMD, -2.35% declined 1.11% to $106.05.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -3.08% slipped 0.70% to $19.96. The Bitwise Crypto Industry Innovators ETF BITQ, -3.18%, which is focused on pure-play crypto companies, fell 1.58% to $6.60. Grayscale Bitcoin Trust GBTC, -3.53%, which tracks the Bitcoin market price, sank 0.87% to $20.55.
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.
Author: Margaret Farmer
Last Updated: 1704339362
Views: 1861
Rating: 4.2 / 5 (102 voted)
Reviews: 81% of readers found this page helpful
Name: Margaret Farmer
Birthday: 2000-10-28
Address: 86076 Young Inlet, West Cynthia, ND 17718
Phone: +3719692597560631
Job: Biomedical Engineer
Hobby: Arduino, Gardening, Playing Chess, Surfing, Aquarium Keeping, Coffee Roasting, Metalworking
Introduction: My name is Margaret Farmer, I am a Precious, intrepid, striking, vivid, clever, risk-taking, strong-willed person who loves writing and wants to share my knowledge and understanding with you.