Published: Aug. 7, 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, declining 2.34% to 61 cents.
Seven additional currencies posted reductions Monday. Dogecoin Dogecoin USD declined 2.27% to 7 cents, and Uniswap Uniswap USD shed 2.01% to $5.87.
Solana Solana USD fell 2.01% to $22.80, while…
Most large cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD
seeing the biggest change, declining 2.34% to 61 cents.
Seven additional currencies posted reductions Monday. Dogecoin
DOGEUSD
declined 2.27% to 7 cents, and Uniswap
UNIUSD
shed 2.01% to $5.87.
Solana
SOLUSD
fell 2.01% to $22.80, while Polkadot
DOTUSD
slid 0.79% to $4.98. Bitcoin
BTCUSD
slipped 0.34% to $28,999.80.
Polygon
MATICUSD
and Ethereum
ETHUSD
rounded out the decreases for Monday, dropping 0.31% to 67 cents and 0.14% to $1,826.31, respectively.
On the other hand, Cardano
ADAUSD
posted the only increase among the largest cryptos, rising 0.14% to 29 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
declined 2.77% to $84.89, while MicroStrategy Inc.
MSTR
fell 3.33% to $364.40. Riot Platforms Inc.
RIOT
shares shed 6.14% to $16.06, and shares of Marathon Digital Holdings Inc.
MARA
dropped 5.75% to $14.92.
Overstock.com Inc.
OSTK
sank 0.68% to $33.63, while Block Inc.
SQ
increased 2.08% to $64.84 and Tesla Inc.
TSLA
fell 3.21% to $245.72.
PayPal Holdings Inc.
PYPL
rallied 1.72% to $63.83, and Ebang International Holdings Inc.
EBON
shares declined 3.90% to $8.13. NVIDIA Corp.
NVDA
climbed 1.27% to $452.48, and Advanced Micro Devices Inc.
AMD
rose 1.57% to $117.64.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
declined 1.07% to $24.01. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 3.47% to $8.62. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.10% to $19.20.
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.
Read More: Ripple leads way as most big cryptocurrencies post drops