Solana leads declines as large cryptocurrencies start mixed

Published: July 3, 2023 at 10:00 a.m. ET

Large cryptocurrencies were mixed during morning trading on Monday, with Polygon Polygon USD seeing the biggest move, rising 2.80% to 69 cents.

Solana Solana USD led the decreases with a 1.90% drop to $19.13.

Four other cryptocurrencies saw increases Monday. Ethereum Ethereum USD rose 2.40% to $1,964.58, and Uniswap Uniswap USD increased…

Large cryptocurrencies were mixed during morning trading on Monday, with Polygon

MATICUSD

seeing the biggest move, rising 2.80% to 69 cents.

Solana

SOLUSD

led the decreases with a 1.90% drop to $19.13.

Four other cryptocurrencies saw increases Monday. Ethereum

ETHUSD

rose 2.40% to $1,964.58, and Uniswap

UNIUSD

increased 2.10% to $5.63.

Cardano

ADAUSD

and Bitcoin

BTCUSD

rounded out the increases, rising 1.03% to 29 cents and 0.18% to $30,648.60.

In addition to Solana, three other currencies posted decreases. Dogecoin

DOGEUSD

inched down 0.80% to 7 cents, and Ripple

XRPUSD

slipped 0.45% to 48 cents.

Polkadot

DOTUSD

,
which rounded out the decreases, slid 0.37% to $5.42.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

increased 7.67% to $77.04, while MicroStrategy Inc.

MSTR

rallied 5.33% to $360.68. Riot Platforms Inc.

RIOT

shares rose 5.08% to $12.42, and shares of Marathon Digital Holdings Inc.

MARA

rallied 5.48% to $14.62.

Overstock.com Inc.

OSTK

dropped 1.54% to $32.07, while Block Inc.

SQ

rose 0.57% to $66.95 and Tesla Inc.

TSLA

rallied 7.65% to $281.79.

PayPal Holdings Inc.

PYPL

rose 1.05% to $67.43, and Ebang International Holdings Inc.

EBON

shares climbed 0.03% to $6.90. NVIDIA Corp.

NVDA

rose 0.45% to $424.91, and Advanced Micro Devices Inc.

AMD

rallied 1.61% to $115.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, climbed 4.10% to $8.38. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

increased 2.29% to $23.27. Grayscale Bitcoin Trust

GBTC

,

which tracks the Bitcoin market price, rose 1.80% to $19.54.

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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