Largest cryptocurrencies drop on Litecoin, Polkadot decreases

All of the largest cryptocurrencies were down during morning trading on Monday, with Litecoin
LTCUSD,
-4.55%
seeing the biggest move, declining 4.31% to $92.63.

Polkadot
DOTUSD,
-4.83%
declined 4.31% to $6.33, and Uniswap
UNIUSD,
-4.18%
fell 3.46% to $6.69.

Bitcoin Cash
BCHUSD,
-3.87%
declined 3.46% to $132.63 on Monday, while Dogecoin
DOGEUSD,
-3.66%
declined 2.87% to 9 cents and Ethereum
ETHUSD,
-3.61%
shed 2.87% to $1,596.05.

Cardano
ADAUSD,
-3.65%
and Ripple
XRPUSD,
-3.20%
fell 2.53% to 39 cents and 2.52% to 40 cents

Bitcoin
BTCUSD,
-2.55%
rounded out the decreases with a 2.18% decline to $23,273.35.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.89%
fell 2.00% to $60.14, while MicroStrategy Inc.
MSTR,
-4.01%
inched down 0.83% to $256.22. Riot Platforms Inc.
RIOT,
-0.39%
shares rallied 2.69% to $6.50, and shares of Marathon Digital Holdings Inc.
MARA,
-4.51%
sank 0.87% to $7.95.

Overstock.com Inc.
OSTK,
-0.74%
climbed 0.83% to $24.40, while Block Inc.
SQ,
-2.62%
dropped 1.21% to $82.82 and Tesla Inc.
TSLA,
-2.92%
declined 1.20% to $175.77.

PayPal Holdings Inc.
PYPL,
-1.37%
shed 1.03% to $80.99, and Ebang International Holdings Inc.
EBON,
+0.49%
shares declined 2.69% to $7.96. NVIDIA Corp.
NVDA,
-3.66%
declined 2.54% to $198.47, and Advanced Micro Devices Inc.
AMD,
-2.21%
dropped 2.13% to $73.80.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-1.95%,
which is focused on pure-play crypto companies, climbed 0.53% to $5.68. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.74%
slipped 0.21% to $18.94. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.08% to $12.35.


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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