Published: May 8, 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, falling 5.55% to $21.27.
Ripple XRP USD dropped 4.74% to 43 cents, and Polkadot Polkadot USD shed 4.39% to $5.43.
Polygon Polygon USD shed 4.39% to 93 cents on Monday, while Bitcoin Bitcoin USD shed 3.60% to $27,870.10 and…
All large cryptocurrencies were down during morning trading on Monday, with Solana
SOLUSD
seeing the biggest change, falling 5.55% to $21.27.
Ripple
XRPUSD
dropped 4.74% to 43 cents, and Polkadot
DOTUSD
shed 4.39% to $5.43.
Polygon
MATICUSD
shed 4.39% to 93 cents on Monday, while Bitcoin
BTCUSD
shed 3.60% to $27,870.10 and Uniswap
UNIUSD
declined 4.02% to $5.11.
Dogecoin
DOGEUSD
and Ethereum
ETHUSD
fell 3.44% to 7 cents and 2.78% to $1,860.00
Cardano
ADAUSD
posted the smallest drop with a 1.99% decline to 37 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 4.72% to $55.49, while MicroStrategy Inc.
MSTR
declined 6.00% to $307.13. Riot Platforms Inc.
RIOT
shares plunged 10.23% to $10.36, and shares of Marathon Digital Holdings Inc.
MARA
declined 9.35% to $9.51.
Overstock.com Inc.
OSTK
declined 2.31% to $19.51, while Block Inc.
SQ
inched down 0.52% to $58.94 and Tesla Inc.
TSLA
increased 1.03% to $171.82.
PayPal Holdings Inc.
PYPL
rose 0.45% to $75.31, and Ebang International Holdings Inc.
EBON
shares dropped 2.84% to $5.88. NVIDIA Corp.
NVDA
slid 0.76% to $284.63, and Advanced Micro Devices Inc.
AMD
sank 0.56% to $89.34.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
fell 2.66% to $19.41. The Bitwise Crypto Industry Innovators ETF
BITQ
,
which is focused on pure-play crypto companies, fell 5.15% to $6.21. Grayscale Bitcoin Trust
GBTC
,
which tracks the Bitcoin market price, shed 5.12% to $15.95.
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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