Most large cryptocurrencies were up during morning trading on Monday, with Ripple
XRPUSD,
-4.57%
seeing the biggest move, rising 9.07% to 71 cents.
Seven additional currencies posted gains Monday. Uniswap
UNIUSD,
-1.67%
rose 6.49% to $5.04, and Dogecoin
DOGEUSD,
-0.58%
increased 6.00% to 7 cents.
Polygon
MATICUSD,
+1.22%
climbed 3.82% to 71 cents, while Polkadot
DOTUSD,
+0.51%
rose 2.98% to $4.85. Cardano
ADAUSD,
-3.36%
increased 1.36% to 35 cents.
Ethereum
ETHUSD,
+0.44%
and Bitcoin
BTCUSD,
+1.32%
rounded out the increases for Monday, with gains of 1.36% to $1,895.17 and 0.96% to $35,009.90, respectively.
On the other hand, Solana
SOLUSD,
+8.67%
posted the only drop, falling 1.04% to $40.09.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.97%
increased 1.03% to $86.69, while MicroStrategy Inc.
MSTR,
+2.53%
rose 1.87% to $462.45. Riot Platforms Inc.
RIOT,
shares fell 1.02% to $11.27, and shares of Marathon Digital Holdings Inc.
MARA,
-1.62%
climbed 0.27% to $9.44.
Block Inc.
SQ,
+3.81%
inched down 0.37% to $48.50 and Tesla Inc.
TSLA,
+1.40%
climbed 0.18% to $220.36.
PayPal Holdings Inc.
PYPL,
+0.20%
dropped 2.04% to $54.96, and Ebang International Holdings Inc.
EBON,
-5.47%
shares declined 6.21% to $7.70. NVIDIA Corp.
NVDA,
+0.76%
climbed 1.42% to $456.45, and Advanced Micro Devices Inc.
AMD,
+1.87%
slipped 0.64% to $111.53.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-0.54%,
which is focused on pure-play crypto companies, climbed 0.40% to $7.50. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.91%
inched down 0.39% to $21.99. Grayscale Bitcoin Trust
GBTC,
+2.86%,
which tracks the Bitcoin market price, increased 1.48% to $27.45.
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