Solana leads way as large cryptocurrencies drop

Posted by By News Room 2 Min Read

All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD,
-6.57%
seeing the biggest change, dropping 4.78% to $22.31.

Polygon
MATICUSD,
-6.86%
fell 4.38% to 54 cents, and Polkadot
DOTUSD,
-5.43%
dropped 3.80% to $3.87.

Ripple
XRPUSD,
-4.18%
fell 3.80% to 50 cents on Monday, while Dogecoin
DOGEUSD,
-4.46%
shed 3.26% to 6 cents and Uniswap
UNIUSD,
-6.32%
declined 3.50% to $4.22.

Ethereum
ETHUSD,
-4.37%
and Cardano
ADAUSD,
-2.89%
fell 2.65% to $1,593.78 and 1.84% to 25 cents

Bitcoin
BTCUSD,
-2.06%
rounded out the decreases with a 1.46% decline to $27,517.90.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.71%
inched down 0.47% to $78.09, while MicroStrategy Inc.
MSTR,
-1.06%
fell 1.61% to $335.16. Riot Platforms Inc.
RIOT,
-0.50%
shares sank 0.30% to $9.89, and shares of Marathon Digital Holdings Inc.
MARA,
-0.12%
slid 0.87% to $8.01.

Overstock.com Inc.
OSTK,
-8.26%
dropped 2.75% to $16.98, while Block Inc.
SQ,
-1.48%
shed 1.32% to $43.25 and Tesla Inc.
TSLA,
-2.08%
dropped 1.67% to $256.17.

PayPal Holdings Inc.
PYPL,
-1.06%
shed 1.94% to $56.65, and Ebang International Holdings Inc.
EBON,
-0.98%
shares rose 0.70% to $7.22. NVIDIA Corp.
NVDA,
-1.99%
shed 2.00% to $448.47, and Advanced Micro Devices Inc.
AMD,
-1.44%
declined 1.11% to $106.05.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.24%
slipped 0.70% to $19.96. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.56%,
which is focused on pure-play crypto companies, fell 1.58% to $6.60. Grayscale Bitcoin Trust
GBTC,
-1.11%,
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.

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