Solana leads way as large cryptocurrencies fall

22 January 2024

in Solano

Reading Time: 2 mins read

Published: Jan. 22, 2024 at 10:00 a.m. ET

All large cryptocurrencies were down during morning trading on Monday, with Solana Solana USD seeing the biggest move, dropping 5.59% to $87.37.

Polkadot Polkadot USD declined 4.84% to $6.56, and Uniswap Uniswap USD dropped 4.73% to $6.14.

Ethereum Ethereum USD dropped 4.73% to $2,368.31 on Monday, while Ripple XRP USD shed 3.94% to 53 cents…

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

SOLUSD

seeing the biggest move, dropping 5.59% to $87.37.

Polkadot

DOTUSD

declined 4.84% to $6.56, and Uniswap

UNIUSD

dropped 4.73% to $6.14.

Ethereum

ETHUSD

dropped 4.73% to $2,368.31 on Monday, while Ripple

XRPUSD

shed 3.94% to 53 cents and Polygon

MATICUSD

shed 4.18% to 76 cents.

Cardano

ADAUSD

and Bitcoin

BTCUSD

fell 2.77% to 49 cents and 2.58% to $40,676.20

Dogecoin

DOGEUSD

posted the smallest drop with a 2.09% decline to 8 cents.

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

COIN

climbed 5.08% to $131.09, while MicroStrategy Inc.

MSTR

sank 0.02% to $480.90. Riot Platforms Inc.

RIOT

shares increased 6.03% to $10.91, and shares of Marathon Digital Holdings Inc.

MARA

rose 5.26% to $16.98.

Block Inc.

SQ

climbed 5.03% to $69.16 and Tesla Inc.

TSLA

increased 2.13% to $216.71.

PayPal Holdings Inc.

PYPL

rose 2.12% to $67.22, and Ebang International Holdings Inc.

EBON

shares fell 2.43% to $8.92. NVIDIA Corp.

NVDA

rose 0.69% to $599.01, and Advanced Micro Devices Inc.

AMD

declined 2.87% to $169.23.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, rose 2.24% to $8.68. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

climbed 1.13% to $26.90.

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.

Credit: Source link