Solana leads decreases as large cryptocurrencies start mixed

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Large cryptocurrencies were mixed during morning trading on Monday, with Polygon
MATICUSD,
+0.09%
seeing the biggest move, rallying 2.32% to 71 cents.

Solana
SOLUSD,
+3.65%
led the decreases with a 1.98% drop to $20.79.

Three other cryptocurrencies saw increases Monday. Cardano
ADAUSD,
+0.28%
rose 0.65% to 29 cents, and Ripple
XRPUSD,
-0.59%
climbed 0.35% to 47 cents.

Bitcoin
BTCUSD,
-0.67%,
which saw the smallest increase, climbed 0.04% to $30,216.40.

In addition to Solana, four other currencies posted reductions. Dogecoin
DOGEUSD,
-0.31%
fell 1.42% to 6 cents, and Uniswap
UNIUSD,
-0.26%
slipped 0.84% to $5.19.

Ethereum
ETHUSD,
-0.24%
and Polkadot
DOTUSD,
-0.31%
also recorded declines, falling 0.27% to $1,864.31 and 0.11% to $5.08, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.16%
dropped 2.11% to $77.06, while MicroStrategy Inc.
MSTR,
+7.08%
declined 2.15% to $372.55. Riot Platforms Inc.
RIOT,
+8.91%
shares shed 1.29% to $15.28, and shares of Marathon Digital Holdings Inc.
MARA,
+7.98%
declined 2.04% to $15.35.

Overstock.com Inc.
OSTK,
+0.73%
climbed 2.03% to $29.96, while Block Inc.
SQ,
+2.66%
climbed 0.96% to $67.92 and Tesla Inc.
TSLA,
-1.76%
dropped 1.28% to $270.92.

PayPal Holdings Inc.
PYPL,
+3.73%
climbed 2.10% to $68.20, and Ebang International Holdings Inc.
EBON,
+4.56%
shares climbed 2.81% to $7.67. NVIDIA Corp.
NVDA,
-0.76%
dropped 1.26% to $419.66, and Advanced Micro Devices Inc.
AMD,
+0.36%
shed 2.75% to $110.06.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.06%
dropped 1.24% to $23.85. The Bitwise Crypto Industry Innovators ETF
BITQ,
+5.53%,
which is focused on pure-play crypto companies, dropped 2.82% to $8.97. Grayscale Bitcoin Trust
GBTC,
+0.91%,
which tracks the Bitcoin market price, climbed 0.64% to $19.94.


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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