Published: July 24, 2023 at 10:00 a.m. ET
Most large cryptocurrencies were down during morning trading on Monday, with Ripple XRP USD seeing the biggest change, shedding 6.16% to 70 cents.
Seven additional currencies posted reductions Monday. Uniswap Uniswap USD fell 6.13% to $5.80, and Solana Solana USD declined 6.00% to $23.49.
Polkadot Polkadot USD shed 6.00% to $5.18, while Polygon…
Most large cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD
seeing the biggest change, shedding 6.16% to 70 cents.
Seven additional currencies posted reductions Monday. Uniswap
UNIUSD
fell 6.13% to $5.80, and Solana
SOLUSD
declined 6.00% to $23.49.
Polkadot
DOTUSD
shed 6.00% to $5.18, while Polygon
MATICUSD
shed 4.96% to 72 cents. Bitcoin
BTCUSD
fell 3.22% to $29,166.30.
Cardano
ADAUSD
and Ethereum
ETHUSD
rounded out the decreases for Monday, dropping 3.19% to 31 cents and 2.19% to $1,850.64, respectively.
On the other hand, Dogecoin
DOGEUSD
posted the only increase among the largest cryptos, rising 4.84% to 8 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 4.33% to $96.45, while MicroStrategy Inc.
MSTR
dropped 4.17% to $418.45. Riot Platforms Inc.
RIOT
shares shed 6.04% to $17.27, and shares of Marathon Digital Holdings Inc.
MARA
shed 5.85% to $15.89.
Overstock.com Inc.
OSTK
sank 0.70% to $31.82, while Block Inc.
SQ
dropped 1.64% to $74.87 and Tesla Inc.
TSLA
shed 1.06% to $257.26.
PayPal Holdings Inc.
PYPL
rose 0.34% to $73.24, and Ebang International Holdings Inc.
EBON
shares dropped 2.41% to $9.73. NVIDIA Corp.
NVDA
rose 0.15% to $443.74, and Advanced Micro Devices Inc.
AMD
fell 1.59% to $109.19.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
fell 2.22% to $25.06. The Bitwise Crypto Industry Innovators ETF
BITQ
,
which is focused on pure-play crypto companies, fell 4.49% to $9.57. Grayscale Bitcoin Trust
GBTC
,
which tracks the Bitcoin market price, shed 2.14% to $19.45.
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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