Most large cryptocurrencies decline on Ripple, Polkadot drops

April 26, 2022 Editor Ripple 0

Most of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
+2.50%
seeing the biggest move, tumbling 4.86% to 66 cents.

Seven additional currencies posted decreases Monday. Polkadot
DOTUSD,
+0.81%
dropped 4.26% to $17.44, and Cardano
ADAUSD,
-0.15%
declined 3.66% to 85 cents.

Uniswap
UNIUSD,
+0.53%
shed 3.66% to $8.48, while Litecoin
LTCUSD,
+0.36%
fell 3.21% to $101.48. Ethereum
ETHUSD,
+0.27%
dropped 2.79% to $2,859.19.

Bitcoin
BTCUSD,
+0.78%
and Bitcoin Cash
BCHUSD,
+0.36%
rounded out the decreases for Monday, dropping 1.91% to $38,785.62 and 1.04% to $306.35, respectively.

On the other hand, Dogecoin
DOGEUSD,
-4.89%
posted the only increase among the largest cryptos, rising 5.45% to 14 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.75%
rose 0.87% to $132.66, while MicroStrategy Inc.
MSTR,
+4.63%
rose 0.47% to $411.00. Riot Blockchain Inc.
RIOT,
+1.60%
shares shed 1.10% to $11.72, and shares of Marathon Digital Holdings Inc.
MARA,
+3.14%
dropped 1.32% to $17.91.

Overstock.com Inc.
OSTK,
-1.07%
dropped 4.51% to $32.17, while Block Inc.
SQ,
+4.59%
rallied 2.02% to $104.75 and Tesla Inc.
TSLA,
-0.70%
declined 1.39% to $991.11.

PayPal Holdings Inc.
PYPL,
+2.03%
rose 0.88% to $86.79, and Ebang International Holdings Inc. Cl A
EBON,
+2.65%
shares fell 1.71% to 92 cents. NVIDIA Corp.
NVDA,
+1.98%
shed 1.19% to $192.82, and Advanced Micro Devices Inc.
AMD,
+2.89%
rose 0.88% to $89.80.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.75%
slid 0.39% to $27.82. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.01%,
which is focused on pure-play crypto companies, dropped 1.59% to $12.73. Grayscale Bitcoin Trust
GBTC,
+2.07%,
which tracks the Bitcoin market price, shed 2.78% to $27.26.


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.