Polkadot leads way as largest cryptocurrencies decline

All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD,
-7.41%

seeing the biggest move, tumbling 6.42% to $8.50.

Uniswap
UNIUSD,
-5.10%

declined 5.54% to $8.31, and Bitcoin Cash
BCHUSD,
-5.11%

declined 4.72% to $138.49.

Litecoin
LTCUSD,
-4.47%

shed 4.72% to $59.53 on Monday, while Cardano
ADAUSD,
-3.54%

declined 3.79% to 51 cents and Ripple
XRPUSD,
-4.02%

dropped 4.16% to 38 cents.

Ethereum
ETHUSD,
-3.72%

and Dogecoin
DOGEUSD,
-3.20%

fell 3.15% to $1,666.99 and 3.02% to 7 cents

Bitcoin
BTCUSD,
-2.51%

rounded out the decreases with a 2.32% decline to $23,251.87.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.05%

dropped 1.70% to $61.89, while MicroStrategy Inc.
MSTR,
-1.25%

declined 1.79% to $280.94. Riot Blockchain Inc.
RIOT,
-0.82%

shares inched down 0.55% to $7.28, and shares of Marathon Digital Holdings Inc.
MARA,
-5.04%

dropped 3.00% to $12.60.

Overstock.com Inc.
OSTK,
+5.36%

rose 2.23% to $29.65, while Block Inc.
SQ,
+3.05%

rose 0.12% to $76.15 and Tesla Inc.
TSLA,
+1.95%

rose 4.05% to $927.54.

PayPal Holdings Inc.
PYPL,
+2.03%

climbed 0.98% to $87.38, and Ebang International Holdings Inc. Cl A
EBON,
-2.10%

shares fell 1.35% to 48 cents. NVIDIA Corp.
NVDA,
+2.05%

rose 1.44% to $184.24, and Advanced Micro Devices Inc.
AMD,
+2.46%

increased 0.98% to $96.34.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.23%

slipped 0.43% to $21.90. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.52%
,
which is focused on pure-play crypto companies, slid 0.63% to $7.84. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 2.36% to $14.45.


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.

This news is republished from another source. You can check the original article here.

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