Polkadot leads way as largest cryptocurrencies decline

All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD,
-6.76%
seeing the biggest move, tumbling 6.42% to $8.50.

Uniswap
UNIUSD,
-4.78%
declined 5.54% to $8.31, and Bitcoin Cash
BCHUSD,
-4.50%
declined 4.72% to $138.49.

Litecoin
LTCUSD,
-3.95%
shed 4.72% to $59.53 on Monday, while Cardano
ADAUSD,
-3.36%
declined 3.79% to 51 cents and Ripple
XRPUSD,
-3.94%
dropped 4.16% to 38 cents.

Ethereum
ETHUSD,
-2.90%
and Dogecoin
DOGEUSD,
-2.81%
fell 3.15% to $1,666.99 and 3.02% to 7 cents

Bitcoin
BTCUSD,
-2.10%
rounded out the decreases with a 2.32% decline to $23,251.87.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.10%
dropped 1.70% to $61.89, while MicroStrategy Inc.
MSTR,
-1.58%
declined 1.79% to $280.94. Riot Blockchain Inc.
RIOT,
-1.02%
shares inched down 0.55% to $7.28, and shares of Marathon Digital Holdings Inc.
MARA,
-5.22%
dropped 3.00% to $12.60.

Overstock.com Inc.
OSTK,
+6.00%
rose 2.23% to $29.65, while Block Inc.
SQ,
+2.83%
rose 0.12% to $76.15 and Tesla Inc.
TSLA,
+1.83%
rose 4.05% to $927.54.

PayPal Holdings Inc.
PYPL,
+2.51%
climbed 0.98% to $87.38, and Ebang International Holdings Inc. Cl A
EBON,
-2.06%
shares fell 1.35% to 48 cents. NVIDIA Corp.
NVDA,
+2.35%
rose 1.44% to $184.24, and Advanced Micro Devices Inc.
AMD,
+2.81%
increased 0.98% to $96.34.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.14%
slipped 0.43% to $21.90. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.79%,
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.


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