Most large cryptocurrencies decrease on Polkadot, Cardano drops

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Most of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD,
-0.49%
seeing the biggest move, sinking 0.81% to $6.13.

Six additional currencies posted reductions Monday. Cardano
ADAUSD,
-0.13%
inched down 0.80% to 39 cents, and Dogecoin
DOGEUSD,
+0.22%
inched down 0.67% to 8 cents.

Uniswap
UNIUSD,
+0.25%
inched down 0.67% to $5.85, while Bitcoin Cash
BCHUSD,
-0.38%
slipped 0.49% to $124.64. Ethereum
ETHUSD,
+0.48%
sank 0.41% to $1,849.35.

Ripple
XRPUSD,
+0.17%,
which posted the smallest decrease, slid 0.31% to 50 cents

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
+1.59%
seeing the largest rise at 0.29% to $28,200.00. Litecoin
LTCUSD,
+2.77%
rose 0.16% to $90.28.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.81%
declined 2.62% to $59.83, while MicroStrategy Inc.
MSTR,
+0.04%
shed 1.29% to $286.37. Riot Platforms Inc.
RIOT,
+3.66%
shares fell 2.29% to $8.95, and shares of Marathon Digital Holdings Inc.
MARA,
+1.19%
declined 3.82% to $7.68.

Overstock.com Inc.
OSTK,
+0.05%
slid 0.58% to $18.80, while Block Inc.
SQ,
-3.23%
dropped 2.54% to $66.37 and Tesla Inc.
TSLA,
-1.57%
declined 4.27% to $177.15.

PayPal Holdings Inc.
PYPL,
-1.31%
fell 1.00% to $74.21, and Ebang International Holdings Inc.
EBON,
+4.67%
shares increased 1.87% to $5.45. NVIDIA Corp.
NVDA,
+1.55%
inched down 0.75% to $268.35, and Advanced Micro Devices Inc.
AMD,
+2.48%
inched down 0.34% to $92.16.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.65%
dropped 1.48% to $18.64. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.26%,
which is focused on pure-play crypto companies, declined 2.64% to $5.53. Grayscale Bitcoin Trust
GBTC,
+4.66%,
which tracks the Bitcoin market price, climbed 0.64% to $16.31.


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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