Largest cryptocurrencies drop on Polkadot, Uniswap declines
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All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD,
seeing the biggest change, shedding 7.66% to $26.94.
Uniswap
UNIUSD,
dropped 6.93% to $14.98, and Cardano
ADAUSD,
declined 6.89% to $1.27.
Litecoin
LTCUSD,
fell 6.89% to $151.10 on Monday, while Ethereum
ETHUSD,
fell 4.97% to $3,917.60 and Dogecoin
DOGEUSD,
declined 5.52% to 16 cents.
Bitcoin Cash
BCHUSD,
and Ripple
XRPUSD,
fell 4.68% to $438.38 and 4.66% to 81 cents
Bitcoin
BTCUSD,
rounded out the decreases with a 4.02% decline to $47,973.67.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 1.59% to $251.69, while MicroStrategy Inc.
MSTR,
declined 2.22% to $587.52. Riot Blockchain Inc.
RIOT,
shares shed 3.15% to $25.18, and shares of Marathon Digital Holdings Inc.
MARA,
fell 4.45% to $38.64.
Overstock.com Inc.
OSTK,
dropped 4.02% to $70.28, while Block Inc.
SQ,
dropped 1.24% to $179.08 and Tesla Inc.
TSLA,
dropped 3.94% to $976.99.
PayPal Holdings Inc.
PYPL,
climbed 0.37% to $189.20, and Ebang International Holdings Inc. Cl A
EBON,
shares fell 1.88% to $1.31. NVIDIA Corp.
NVDA,
shed 1.05% to $298.80, and Advanced Micro Devices Inc.
AMD,
rose 0.37% to $138.70.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 2.01% to $47.36. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.66% to $23.01. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.31% to $36.79.
Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.
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