Solana Leads Way As Large Cryptocurrencies Post Advances

This article was automatically generated by MarketWatch using technology from Automated Insights.

All large cryptocurrencies were up during morning trading on Monday, with Solana seeing the biggest change, climbing 1.81% to $21.33.

Bitcoin climbed 1.59% to $27,376.50, while Ethereum climbed 1.40% to $1,824.30.

Polygon and Dogecoin increased 1.11% to 87 cents and 1.02% to 7 cents, respectively.

Polkadot rose 0.43% to $5.37, and Uniswap rose 0.43% to $5.15.

Cardano and Ripple rounded out the increases for Monday, climbing 0.11% to 37 cents and 0.08% to 43 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc. rose 0.65% to $57.71, while MicroStrategy Inc. rose 3.30% to $279.95. Riot Platforms Inc. shares climbed 3.09% to $10.94, and shares of Marathon Digital Holdings Inc. rose 3.14% to $9.20.

Overstock.com Inc. slipped 0.36% to $19.27, while Block Inc. rose 0.52% to $55.85 and Tesla Inc. fell 1.40% to $165.63.

PayPal Holdings Inc. climbed 1.17% to $62.41, and Ebang International Holdings Inc. shares rose 0.72% to $5.58. NVIDIA Corp. slipped 0.21% to $282.80, and Advanced Micro Devices Inc. slid 0.69% to $94.60.

In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, rallied 4.00% to $6.23. Blockchain-focused Amplify Transformational Data Sharing ETF rose 2.30% to $19.56. Grayscale Bitcoin Trust, which tracks the Bitcoin market price, climbed 2.52% to $14.62.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

05-15-23 1016ET