All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin
DOGEUSD,
seeing the biggest move, tumbling 17.17% to 5 cents.
Ethereum
ETHUSD,
plunged 16.32% to $1,236.82, and Uniswap
UNIUSD,
tumbled 14.76% to $3.64.
Litecoin
LTCUSD,
plunged 14.76% to $42.89 on Monday, while Bitcoin
BTCUSD,
plunged 13.49% to $23,689.04 and Bitcoin Cash
BCHUSD,
tumbled 14.04% to $131.36.
Polkadot
DOTUSD,
and Ripple
XRPUSD,
fell 11.97% to $6.79 and 11.12% to 31 cents
Cardano
ADAUSD,
rounded out the decreases with a 10.64% decline to 46 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
plunged 13.78% to $50.62, while MicroStrategy Inc.
MSTR,
cratered 24.99% to $152.55. Riot Blockchain Inc.
RIOT,
shares plunged 12.28% to $4.54, and shares of Marathon Digital Holdings Inc.
MARA,
plunged 13.40% to $6.53.
Overstock.com Inc.
OSTK,
shed 5.32% to $29.17, while Block Inc.
SQ,
declined 9.52% to $65.03 and Tesla Inc.
TSLA,
dropped 5.39% to $659.11.
PayPal Holdings Inc.
PYPL,
fell 4.59% to $75.66, and Ebang International Holdings Inc. Cl A
EBON,
shares plunged 12.27% to 66 cents. NVIDIA Corp.
NVDA,
declined 5.63% to $160.18, and Advanced Micro Devices Inc.
AMD,
shed 4.59% to $89.85.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 8.34% to $19.12. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, tumbled 14.31% to $6.26. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, tumbled 17.77% to $15.36.
Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.
This news is republished from another source. You can check the original article here
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