Most large cryptocurrencies experienced gains during morning trading on Monday. Polkadot (DOTUSD) saw the biggest change, climbing 1.93% to $6.88.
Positive Movement
Six additional currencies also posted upswings on Monday:
- Solana (SOLUSD) rose 1.59% to $97.60.
- Polygon (MATICUSD) climbed 0.95% to 79 cents.
- Bitcoin (BTCUSD) increased by 0.87% to $43,135.10.
- Ethereum (ETHUSD) climbed 0.67% to $2,315.04.
- Dogecoin (DOGEUSD) experienced a slight increase of 0.04% to 8 cents.
- Cardano (ADAUSD) had the smallest increase, rising by 0.04% to 50 cents.
Negative Movement
On the other hand, two cryptocurrencies posted decreases:
- Ripple (XRPUSD) saw the largest drop at 0.30% to 51 cents.
- Uniswap (UNIUSD) sank 0.23% to $6.04.
Company Updates
In terms of crypto-related company news:
- Shares of Coinbase Global Inc. (COIN) shed 4.60% to $123.28.
- MicroStrategy Inc. (MSTR) declined 1.92% to $490.51.
- Riot Platforms Inc. (RIOT) shares dropped 4.73% to $10.68.
- Marathon Digital Holdings Inc. (MARA) shed 4.84% to $17.32.
- Block Inc. (SQ) declined 2.40% to $66.25.
- Tesla Inc. (TSLA) dropped 2.89% to $182.48.
- PayPal Holdings Inc. (PYPL) decreased by 1.09% to $61.74.
- Ebang International Holdings Inc. (EBON) saw an increase of 1.01% to $9.00.
- NVIDIA Corp. (NVDA) rose 4.72% to $692.86.
- Advanced Micro Devices Inc. (AMD) experienced a slight decline of 0.49% to $176.80.
ETF Performance
In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) dropped 1.61% to $26.88. The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, experienced a decrease of 3.90% to $8.50.