Most Large Cryptocurrencies Fall As Polkadot Declines

MarketWatch · 10/21 14:01

This article was automatically generated by MarketWatch using technology from Automated Insights.

Most large cryptocurrencies were down during U.S. morning trading on Monday, with Polkadot seeing the biggest move, shedding 3.84% to $4.37.

Seven additional currencies posted drops Monday. Avalanche declined 2.56% to $27.75, and Chainlink shed 2.13% to $11.61.

Bitcoin declined 2.13% to $67,312.80, while Cardano fell 1.88% to 36 cents. Ethereum shed 1.48% to $2,670.34.

Ripple and Solana rounded out the decreases for Monday, dropping 0.11% to 54 cents and 0.02% to $162.63, respectively.

On the other hand, Dogecoin posted the only increase among the largest cryptos, rising 1.29% to 14 cents.

In crypto-related company news, shares of Coinbase Global Inc. fell 2.92% to $213.79, while MicroStrategy Inc. declined 1.25% to $213.16. Riot Platforms Inc. shares dropped 2.94% to $9.57, and shares of MARA Holdings Inc. dropped 3.40% to $18.24.

Block Inc. sank 0.67% to $74.16 and Tesla Inc. inched down 0.77% to $218.99.

PayPal Holdings Inc. sank 0.81% to $80.29, and Ebang International Holdings Inc. shares shed 3.24% to $5.97. NVIDIA Corp. rose 2.20% to $141.04, and Advanced Micro Devices Inc. rose 0.46% to $156.70.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF slid 0.93% to $40.52. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, shed 1.45% to $15.25.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 21, 2024 10:01 ET (14:01 GMT)

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