Most Large Cryptocurrencies Fall On Chainlink, Dogecoin Drops

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Most large cryptocurrencies were down during U.S. morning trading on Monday, with Chainlink seeing the biggest move, falling 4.03% to $14.12.

Seven additional currencies posted decreases Monday. Dogecoin shed 2.36% to 14 cents, and Avalanche fell 2.20% to $31.53.

Polkadot declined 2.20% to $6.25, while Solana declined 1.95% to $178.74. Bitcoin slipped 0.95% to $67,134.90.

Ethereum and Cardano rounded out the decreases for Monday, dropping 0.84% to $3,469.47 and 0.47% to 43 cents, respectively.

On the other hand, Ripple posted the only increase among the largest cryptos, rising 1.88% to 61 cents.

In crypto-related company news, shares of Coinbase Global Inc. fell 1.14% to $254.84, while MicroStrategy Inc. inched down 0.86% to $1,763.22. Riot Platforms Inc. shares shed 2.58% to $11.72, and shares of Marathon Digital Holdings Inc. shed 3.52% to $23.86.

Block Inc. fell 1.26% to $67.24 and Tesla Inc. increased 4.71% to $250.47.

PayPal Holdings Inc. rose 0.63% to $59.71, and Ebang International Holdings Inc. shares increased 2.94% to $6.49. NVIDIA Corp. rose 3.66% to $122.25, and Advanced Micro Devices Inc. climbed 2.78% to $155.79.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF slid 0.31% to $38.66. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, dropped 2.30% to $15.20.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 22, 2024 10:01 ET (14:01 GMT)

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