Ripple leads way as largest cryptocurrencies slump

All of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
-0.55%

seeing the biggest change, falling 9.79% to 36 cents.

Litecoin
LTCUSD,
-0.08%

declined 7.15% to $52.20, and Polkadot
DOTUSD,
-0.00%

declined 5.48% to $6.37.

Uniswap
UNIUSD,
-0.34%

shed 5.48% to $5.43 on Monday, while Cardano
ADAUSD,
+0.80%

shed 3.43% to 45 cents and Bitcoin Cash
BCHUSD,
+0.19%

fell 4.27% to $110.71.

Dogecoin
DOGEUSD,
+0.34%

and Bitcoin
BTCUSD,
+0.02%

fell 3.36% to 6 cents and 3.17% to $19,095.61

Ethereum
ETHUSD,
-0.24%

rounded out the decreases with a 2.26% decline to $1,339.91.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-8.19%

declined 2.99% to $71.79, while MicroStrategy Inc.
MSTR,
-5.09%

fell 1.57% to $203.10. Riot Blockchain Inc.
RIOT,
-9.86%

shares sank 0.38% to $6.62, and shares of Marathon Digital Holdings Inc.
MARA,
-8.20%

climbed 0.27% to $10.95.

Overstock.com Inc.
OSTK,
-7.30%

sank 0.72% to $26.30, while Block Inc.
SQ,
-8.39%

inched down 0.83% to $64.35 and Tesla Inc.
TSLA,
-7.55%

rose 0.36% to $304.44.

PayPal Holdings Inc.
PYPL,
-4.25%

rose 0.89% to $94.84, and Ebang International Holdings Inc. Cl A
EBON,
-8.18%

shares climbed 7.27% to 42 cents. NVIDIA Corp.
NVDA,
-6.13%

climbed 0.40% to $132.51, and Advanced Micro Devices Inc.
AMD,
-5.09%

slid 0.89% to $76.40.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.93%

slid 0.50% to $19.78. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.02%
,
which is focused on pure-play crypto companies, fell 1.83% to $6.96. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.46% to $11.69.


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.