The cryptocurrency market experienced mixed results during morning trading on Monday. While most large cryptocurrencies saw a decline, there were a few exceptions.
Declining Cryptocurrencies
Among the decliners, Ripple XRPUSD experienced the biggest change, declining by 2.34% to reach 61 cents. Other notable decreases included:
- Dogecoin DOGEUSD, which declined by 2.27% to 7 cents.
- Uniswap UNIUSD, which shed 2.01% and reached $5.87.
- Solana SOLUSD, falling by 2.01% to $22.80.
- Polkadot DOTUSD, which slid 0.79% and reached $4.98.
- Bitcoin BTCUSD, slipping 0.34% to $28,999.80.
- Polygon MATICUSD and Ethereum ETHUSD, which dropped by 0.31% and 0.14% respectively, with prices at 67 cents and $1,826.31.
Increasing Cryptocurrency
Cardano ADAUSD was the only cryptocurrency among the largest ones that experienced an increase. It rose by 0.14% and reached 29 cents.
Company News
In terms of company news related to cryptocurrencies, here are some notable changes in share prices:
- Shares of Coinbase Global Inc. COIN declined by 2.77% to $84.89.
- MicroStrategy Inc. MSTR fell by 3.33% to $364.40.
- Riot Platforms Inc. RIOT shares shed 6.14% and reached $16.06.
- Marathon Digital Holdings Inc. MARA dropped by 5.75% to $14.92.
- Overstock.com Inc. OSTK sank by 0.68%, reaching $33.63.
- Block Inc. SQ increased by 2.08% to $64.84.
- Tesla Inc. TSLA fell by 3.21% to $245.72.
- PayPal Holdings Inc. PYPL rallied by 1.72% and reached $63.83.
- Ebang International Holdings Inc. EBON shares declined by 3.90% to $8.13.
- NVIDIA Corp. NVDA climbed by 1.27% to $452.48.
- Advanced Micro Devices Inc. AMD rose by 1.57% to $117.64.
Funds Update
In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF BLOK declined by 1.07% and reached $24.01. The Bitwise Crypto Industry Innovators ETF BITQ, which focuses on pure-play crypto companies, fell by 3.47% to $8.62. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, slipped by 0.10% to $19.20.
