Polkadot leads way as largest cryptocurrencies decline

All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD
seeing the biggest move, tumbling 6.42% to $8.50.

Uniswap
UNIUSD
declined 5.54% to $8.31, and Bitcoin Cash
BCHUSD
declined 4.72% to $138.49.

Litecoin
LTCUSD
shed 4.72% to $59.53 on Monday, while Cardano
ADAUSD
declined 3.79% to 51 cents and Ripple
XRPUSD
dropped 4.16% to 38 cents.

Ethereum
ETHUSD
and Dogecoin
DOGEUSD
fell 3.15% to $1,666.99 and 3.02% to 7 cents

Bitcoin
BTCUSD
rounded out the decreases with a 2.32% decline to $23,251.87.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 1.70% to $61.89, while MicroStrategy Inc.
MSTR
declined 1.79% to $280.94. Riot Blockchain Inc.
RIOT
shares inched down 0.55% to $7.28, and shares of Marathon Digital Holdings Inc.
MARA
dropped 3.00% to $12.60.

Overstock.com Inc.
OSTK
rose 2.23% to $29.65, while Block Inc.
SQ
rose 0.12% to $76.15 and Tesla Inc.
TSLA
rose 4.05% to $927.54.

PayPal Holdings Inc.
PYPL
climbed 0.98% to $87.38, and Ebang International Holdings Inc. Cl A
EBON
shares fell 1.35% to 48 cents. NVIDIA Corp.
NVDA
rose 1.44% to $184.24, and Advanced Micro Devices Inc.
AMD
increased 0.98% to $96.34.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
slipped 0.43% to $21.90. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, slid 0.63% to $7.84. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 2.36% to $14.45.


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.