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Large cryptocurrencies fall as Cardano declines

All large cryptocurrencies were down during morning trading on Monday, with Cardano
ADAUSD,
+10.16%
seeing the biggest change, declining 9.64% to 54 cents.

Polygon
MATICUSD,
+1.15%
shed 9.14% to 84 cents, and Solana
SOLUSD,
+1.16%
fell 8.95% to $67.31.

Polkadot
DOTUSD,
+1.36%
fell 8.95% to $6.61 on Monday, while Ripple
XRPUSD,
+0.48%
shed 7.14% to 62 cents and Uniswap
UNIUSD,
+0.46%
dropped 8.14% to $6.08.

Dogecoin
DOGEUSD,
+1.39%
and Ethereum
ETHUSD,
+2.05%
fell 7.06% to 9 cents and 6.01% to $2,218.59

Bitcoin
BTCUSD,
+2.45%
rounded out the decreases with a 4.45% decline to $41,849.90.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.84%
shed 4.42% to $140.14, while MicroStrategy Inc.
MSTR,
+1.04%
dropped 5.12% to $568.70. Riot Platforms Inc.
RIOT,
+1.22%
shares dropped 9.79% to $14.28, and shares of Marathon Digital Holdings Inc.
MARA,
+4.57%
tumbled 10.16% to $15.08.

Block Inc.
SQ,
-3.67%
rose 0.58% to $69.57 and Tesla Inc.
TSLA,
-2.49%
inched down 0.73% to $242.06.

PayPal Holdings Inc.
PYPL,
+0.05%
rose 0.39% to $59.17, and Ebang International Holdings Inc.
EBON,
-2.92%
shares dropped 5.90% to $7.39. NVIDIA Corp.
NVDA,
+0.54%
shed 1.48% to $468.04, and Advanced Micro Devices Inc.
AMD,
-0.71%
climbed 2.37% to $131.97.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.07%
declined 3.26% to $26.72. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.14%,
which is focused on pure-play crypto companies, declined 6.39% to $9.53. Grayscale Bitcoin Trust
GBTC,
+4.04%,
which tracks the Bitcoin market price, shed 5.44% to $33.58.


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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