Ripple leads way as most big cryptocurrencies post declines

October 3, 2022 John Ripple 0

Most of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
-1.42%
seeing the biggest move, declining 2.74% to 45 cents.

Six additional currencies posted reductions Monday. Bitcoin Cash
BCHUSD,
-1.10%
shed 1.63% to $115.04, and Cardano
ADAUSD,
-0.55%
shed 1.40% to 42 cents.

Ethereum
ETHUSD,
+1.32%
slid 1.40% to $1,297.46, while Polkadot
DOTUSD,
+0.68%
sank 0.35% to $6.26. Bitcoin
BTCUSD,
+0.63%
slipped 0.31% to $19,172.48.

Dogecoin
DOGEUSD,
+0.17%,
which posted the smallest decrease, sank 0.29% to 6 cents

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
+3.25%
seeing the largest rise at 3.10% to $6.48. Litecoin
LTCUSD,
+1.79%
rose 0.65% to $52.98.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.78%
declined 2.42% to $62.93, while MicroStrategy Inc.
MSTR,
+2.78%
rallied 1.78% to $216.04. Riot Blockchain Inc.
RIOT,
+0.03%
shares sank 0.14% to $7.00, and shares of Marathon Digital Holdings Inc.
MARA,
+0.35%
dropped 1.22% to $10.58.

Overstock.com Inc.
OSTK,
+3.51%
rose 0.57% to $24.49, while Block Inc.
SQ,
-0.96%
declined 1.42% to $54.21 and Tesla Inc.
TSLA,
-8.52%
declined 6.75% to $247.34.

PayPal Holdings Inc.
PYPL,
-0.12%
slipped 0.24% to $85.86, and Ebang International Holdings Inc. Cl A
EBON,
+1.02%
shares increased 1.88% to 42 cents. NVIDIA Corp.
NVDA,
+2.64%
increased 1.48% to $123.19, and Advanced Micro Devices Inc.
AMD,
+3.80%
rallied 0.24% to $65.21.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.23%
climbed 0.70% to $18.63. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.47%,
which is focused on pure-play crypto companies, rose 0.16% to $6.42. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.79% to $11.32.


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.