Ripple leads drops as largest cryptocurrencies start mixed

September 26, 2022 John Ripple 0

The largest cryptocurrencies were mixed during morning trading on Monday, with Ripple
XRPUSD,
-6.68%
seeing the biggest move, falling 5.97% to 47 cents.

Polkadot
DOTUSD,
+4.85%
lead the increases with a 4.26% climb to $6.47.

Two other currencies posted drops Monday. Dogecoin
DOGEUSD,
-0.83%
slid 0.36% to 6 cents, and Litecoin
LTCUSD,
-0.93%
slipped 0.28% to $53.36.

In addition to Polkadot, five other cryptocurrencies saw increases. Ethereum
ETHUSD,
+2.39%
increased 2.40% to $1,324.12, and Bitcoin Cash
BCHUSD,
+1.46%
rallied 2.05% to $116.45.

Bitcoin
BTCUSD,
+0.86%
rallied 1.59% to $19,187.13, and Uniswap
UNIUSD,
+1.24%
rose 0.37% to $5.77.

Cardano
ADAUSD,
-0.34%
saw the smallest increase, climbing rose 0.28% to 45 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.86%
increased 6.46% to $65.88, while MicroStrategy Inc.
MSTR,
+2.63%
climbed 5.24% to $201.49. Riot Blockchain Inc.
RIOT,
+4.98%
shares rallied 7.28% to $6.79, and shares of Marathon Digital Holdings Inc.
MARA,
+1.64%
increased 5.96% to $10.03.

Overstock.com Inc.
OSTK,
-0.04%
rallied 2.94% to $24.55, while Block Inc.
SQ,
-2.11%
rose 1.60% to $57.17 and Tesla Inc.
TSLA,
+1.31%
increased 2.01% to $280.86.

PayPal Holdings Inc.
PYPL,
-0.75%
rallied 1.81% to $88.55, and Ebang International Holdings Inc. Cl A
EBON,
-0.92%
shares dropped 2.22% to 38 cents. NVIDIA Corp.
NVDA,
-1.11%
climbed 0.79% to $126.16, and Advanced Micro Devices Inc.
AMD,
-1.13%
climbed 1.81% to $68.60.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.27%,
which is focused on pure-play crypto companies, increased 4.05% to $6.43. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.54%
rose 1.69% to $18.66. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 1.43% to $11.36.


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.