Most large cryptocurrencies were down during morning trading on Monday, with Cardano
seeing the biggest change, tumbling 4.94% to 37 cents.
Seven additional currencies posted reductions Monday. Polygon
dropped 4.02% to 88 cents, and Polkadot
shed 3.58% to $5.56.
shed 3.58% to 65 cents, while Dogecoin
declined 2.09% to 8 cents. Solana
fell 1.70% to $56.08.
rounded out the decreases for Monday, dropping 1.36% to $5.43 and 1.00% to $36,813.80, respectively.
On the other hand, Ethereum
posted the only increase among the largest cryptos, rising 0.97% to $2,079.98.
In crypto-related company news, shares of Coinbase Global Inc.
dropped 3.27% to $89.88, while MicroStrategy Inc.
declined 1.89% to $499.55. Riot Platforms Inc.
shares fell 4.84% to $9.86, and shares of Marathon Digital Holdings Inc.
dropped 5.05% to $9.13.
sank 0.68% to $51.15 and Tesla Inc.
climbed 0.60% to $215.93.
PayPal Holdings Inc.
sank 1.00% to $54.23, and Ebang International Holdings Inc.
shares dropped 2.38% to $7.37. NVIDIA Corp.
climbed 0.20% to $484.34, and Advanced Micro Devices Inc.
shed 1.59% to $116.70.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
fell 2.13% to $21.61. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, shed 4.10% to $7.01. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 1.71% to $29.46.