Largest cryptocurrencies drop on Ripple, Bitcoin Cash declines

All of the largest cryptocurrencies were down during morning trading on Monday, with Ripple
XRPUSD,
+1.60%
seeing the biggest change, dropping 2.97% to 45 cents.

Bitcoin Cash
BCHUSD,
-1.30%
dropped 2.45% to $114.17, and Dogecoin
DOGEUSD,
-0.77%
dropped 2.40% to 12 cents.

Litecoin
LTCUSD,
-0.83%
dropped 2.40% to $54.51 on Monday, while Uniswap
UNIUSD,
-1.00%
dropped 1.89% to $6.83 and Ethereum
ETHUSD,
+2.63%
shed 2.06% to $1,562.61.

Cardano
ADAUSD,
+1.22%
and Bitcoin
BTCUSD,
+2.02%
fell 1.62% to 40 cents and 1.01% to $20,478.31

Polkadot
DOTUSD,
-0.52%
posted the smallest drop with a 0.34% decline to $6.62.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.11%
shed 1.76% to $70.80, while MicroStrategy Inc.
MSTR,
+3.24%
fell 3.26% to $270.86. Riot Blockchain Inc.
RIOT,
-2.11%
shares dropped 2.55% to $6.87, and shares of Marathon Digital Holdings Inc.
MARA,
+9.25%
shed 1.73% to $13.61.

Overstock.com Inc.
OSTK,
-3.94%
shed 3.44% to $24.14, while Block Inc.
SQ,
-0.21%
rose 0.13% to $61.37 and Tesla Inc.
TSLA,
-0.94%
fell 1.72% to $224.60.

PayPal Holdings Inc.
PYPL,
-0.38%
declined 2.08% to $84.46, and Ebang International Holdings Inc. Cl A
EBON,
+14.84%
shares climbed 0.60% to 30 cents. NVIDIA Corp.
NVDA,
+2.35%
shed 2.14% to $135.38, and Advanced Micro Devices Inc.
AMD,
+0.28%
declined 2.08% to $60.58.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.37%
declined 1.54% to $19.24. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.83%,
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.