Solana leads way as large cryptocurrencies drop

Published: Oct. 9, 2023 at 10:00 a.m. ET

All large cryptocurrencies were down during morning trading on Monday, with Solana Solana USD seeing the biggest change, dropping 4.78% to $22.31.

Polygon Polygon USD fell 4.38% to 54 cents, and Polkadot Polkadot USD dropped 3.80% to $3.87.

Ripple XRP USD fell 3.80% to 50 cents on Monday, while Dogecoin Dogecoin USD shed 3.26% to 6 cents and…

All large cryptocurrencies were down during morning trading on Monday, with Solana

SOLUSD

seeing the biggest change, dropping 4.78% to $22.31.

Polygon

MATICUSD

fell 4.38% to 54 cents, and Polkadot

DOTUSD

dropped 3.80% to $3.87.

Ripple

XRPUSD

fell 3.80% to 50 cents on Monday, while Dogecoin

DOGEUSD

shed 3.26% to 6 cents and Uniswap

UNIUSD

declined 3.50% to $4.22.

Ethereum

ETHUSD

and Cardano

ADAUSD

fell 2.65% to $1,593.78 and 1.84% to 25 cents

Bitcoin

BTCUSD

rounded out the decreases with a 1.46% decline to $27,517.90.

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

COIN

inched down 0.47% to $78.09, while MicroStrategy Inc.

MSTR

fell 1.61% to $335.16. Riot Platforms Inc.

RIOT

shares sank 0.30% to $9.89, and shares of Marathon Digital Holdings Inc.

MARA

slid 0.87% to $8.01.

Overstock.com Inc.

OSTK

dropped 2.75% to $16.98, while Block Inc.

SQ

shed 1.32% to $43.25 and Tesla Inc.

TSLA

dropped 1.67% to $256.17.

PayPal Holdings Inc.

PYPL

shed 1.94% to $56.65, and Ebang International Holdings Inc.

EBON

shares rose 0.70% to $7.22. NVIDIA Corp.

NVDA

shed 2.00% to $448.47, and Advanced Micro Devices Inc.

AMD

declined 1.11% to $106.05.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

slipped 0.70% to $19.96. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, fell 1.58% to $6.60. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, sank 0.87% to $20.55.

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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