Dogecoin leads way as most big cryptocurrencies post decreases

Dogecoin leads way as most big cryptocurrencies post decreases

Most large cryptocurrencies were down during morning trading on Monday, with Dogecoin DOGEUSD seeing the biggest move, dropping 1.56% to 7 cents.

Seven additional currencies posted reductions Monday. Polkadot DOTUSD fell 1.05% to $4.98, and Cardano ADAUSD sank 0.68% to 29 cents.

Polygon MATICUSD slipped 0.68% to 68 cents, while Solana SOLUSD inched down 0.61% to $24.39. Ripple XRPUSD slipped 0.58% to 63 cents.

Ethereum ETHUSD and Bitcoin BTCUSD rounded out the decreases for Monday, dropping 0.53% to $1,843.35 and 0.23% to $29,332.30, respectively.

On the other hand, Uniswap UNIUSD posted the only increase among the largest cryptos, rising 0.41% to $6.18.

In crypto-related company news, shares of Coinbase Global Inc. COIN shed 1.39% to $79.88, while MicroStrategy Inc. MSTR shed 1.86% to $377.17. Riot Platforms Inc. RIOT shares dropped 5.45% to $14.40, and shares of Marathon Digital Holdings Inc. MARA shed 4.37% to $14.23.

Overstock.com Inc. OSTK declined 1.37% to $31.10, while Block Inc. SQ sank 0.52% to $60.26 and Tesla Inc. TSLA dropped 2.64% to $236.25.

PayPal Holdings Inc. PYPL rallied 1.46% to $62.44, and Ebang International Holdings Inc. EBON shares rose 0.89% to $7.94. NVIDIA Corp. NVDA rose 1.86% to $416.14, and Advanced Micro Devices Inc. AMD climbed 0.77% to $108.40.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK fell 1.99% to $23.10. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, declined 3.45% to $8.39. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, climbed 0.05% to $19.83.

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