Largest cryptocurrencies drop on Ripple, Bitcoin Cash declines

All of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
+0.40%
seeing the biggest change, dropping 2.97% to 45 cents.

Bitcoin Cash
BCHUSD,
+2.30%
dropped 2.45% to $114.17, and Dogecoin
DOGEUSD,
+4.05%
dropped 2.40% to 12 cents.

Litecoin
LTCUSD,
+7.22%
dropped 2.40% to $54.51 on Monday, while Uniswap
UNIUSD,
+4.36%
dropped 1.89% to $6.83 and Ethereum
ETHUSD,
+1.42%
shed 2.06% to $1,562.61.

Cardano
ADAUSD,
+1.65%
and Bitcoin
BTCUSD,
+0.23%
fell 1.62% to 40 cents and 1.01% to $20,478.31

Polkadot
DOTUSD,
+1.86%
posted the smallest drop with a 0.34% decline to $6.62.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.08%
shed 1.76% to $70.80, while MicroStrategy Inc.
MSTR,
-3.49%
fell 3.26% to $270.86. Riot Blockchain Inc.
RIOT,
-8.99%
shares dropped 2.55% to $6.87, and shares of Marathon Digital Holdings Inc.
MARA,
-10.68%
shed 1.73% to $13.61.

Overstock.com Inc.
OSTK,
-6.08%
shed 3.44% to $24.14, while Block Inc.
SQ,
-7.39%
rose 0.13% to $61.37 and Tesla Inc.
TSLA,
-5.64%
fell 1.72% to $224.60.

PayPal Holdings Inc.
PYPL,
-4.40%
declined 2.08% to $84.46, and Ebang International Holdings Inc. Cl A
EBON,
-5.30%
shares climbed 0.60% to 30 cents. NVIDIA Corp.
NVDA,
-2.39%
shed 2.14% to $135.38, and Advanced Micro Devices Inc.
AMD,
-1.73%
declined 2.08% to $60.58.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.61%
declined 1.54% to $19.24. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.32%,
which is focused on pure-play crypto companies, fell 2.01% to $6.32. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.08% to $12.05.


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.