Most big cryptocurrencies fall as Cardano tumbles

Most large cryptocurrencies were down during morning trading on Monday, with Cardano
ADAUSD,
-4.27%
seeing the biggest change, tumbling 4.94% to 37 cents.

Seven additional currencies posted reductions Monday. Polygon
MATICUSD,
-2.61%
dropped 4.02% to 88 cents, and Polkadot
DOTUSD,
-2.99%
shed 3.58% to $5.56.

Ripple
XRPUSD,
-2.24%
shed 3.58% to 65 cents, while Dogecoin
DOGEUSD,
-1.42%
declined 2.09% to 8 cents. Solana
SOLUSD,
-2.23%
fell 1.70% to $56.08.

Uniswap
UNIUSD,
+1.15%
and Bitcoin
BTCUSD,
-0.95%
rounded out the decreases for Monday, dropping 1.36% to $5.43 and 1.00% to $36,813.80, respectively.

On the other hand, Ethereum
ETHUSD,
+2.53%
posted the only increase among the largest cryptos, rising 0.97% to $2,079.98.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.29%
dropped 3.27% to $89.88, while MicroStrategy Inc.
MSTR,
-1.53%
declined 1.89% to $499.55. Riot Platforms Inc.
RIOT,
-4.25%
shares fell 4.84% to $9.86, and shares of Marathon Digital Holdings Inc.
MARA,
-4.06%
dropped 5.05% to $9.13.

Block Inc.
SQ,
+0.54%
sank 0.68% to $51.15 and Tesla Inc.
TSLA,
+3.30%
climbed 0.60% to $215.93.

PayPal Holdings Inc.
PYPL,
-0.32%
sank 1.00% to $54.23, and Ebang International Holdings Inc.
EBON,
-2.38%
shares dropped 2.38% to $7.37. NVIDIA Corp.
NVDA,
+0.78%
climbed 0.20% to $484.34, and Advanced Micro Devices Inc.
AMD,
-1.47%
shed 1.59% to $116.70.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.63%
fell 2.13% to $21.61. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.82%,
which is focused on pure-play crypto companies, shed 4.10% to $7.01. Grayscale Bitcoin Trust
GBTC,
-2.41%,
which tracks the Bitcoin market price, fell 1.71% to $29.46.

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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