All major cryptocurrencies experienced a decline during morning trading on Monday, showing a bearish trend in the market. Here is a brief overview of the price changes:
Solana (SOL)
Solana (SOLUSD) saw the biggest change, dropping 2.38% to reach $21.37.
Ripple (XRP)
Ripple (XRPUSD) declined by 2.22% and is currently valued at 53 cents.
Polygon (MATIC)
Polygon (MATICUSD) fell 2.02% and is now priced at 57 cents.
Dogecoin (DOGE)
Dogecoin (DOGEUSD) experienced a 2.02% decrease, bringing its price to 6 cents.
Uniswap (UNI)
Uniswap (UNIUSD) witnessed a decline of 1.38% and is now valued at $4.85.
Cardano (ADA)
Cardano (ADAUSD) fell by 1.43% and is currently priced at 27 cents.
Polkadot (DOT) and Ethereum (ETH)
Polkadot (DOTUSD) and Ethereum (ETHUSD) both saw their prices drop. Polkadot decreased by 0.84% to reach $4.48, while Ethereum declined by 0.69% to $1,676.91.
Bitcoin (BTC)
Bitcoin (BTCUSD) rounded out the decreases with a decline of 0.37%, bringing its price to $26,129.50.
In other cryptocurrency-related news, various companies in the industry also experienced changes in their stock prices:
- Coinbase Global Inc. (COIN) saw a 1.52% increase, reaching $74.30.
- MicroStrategy Inc. (MSTR) rallied with a 2.09% increase to $335.48.
- Riot Platforms Inc. (RIOT) shares experienced a 1.40% rally, reaching $11.23.
- Marathon Digital Holdings Inc. (MARA) saw a rise of 2.21% to $11.53.
Other notable stock price changes include:
- Overstock.com Inc. (OSTK) sank by 0.83% to $26.08.
- Block Inc. (SQ) rose by 0.12% to $56.95.
- Tesla Inc. (TSLA) climbed by 6.02% to $228.47.
- PayPal Holdings Inc. (PYPL) experienced a 0.19% increase, reaching $59.54.
- Ebang International Holdings Inc. (EBON) shares fell by 2.54%, settling at $7.28.
- NVIDIA Corp. (NVDA) witnessed a significant increase of 4.53% to $452.59.
- Advanced Micro Devices Inc. (AMD) climbed by 1.88% to $107.44.
In the fund space:
- Amplify Transformational Data Sharing ETF (BLOK), focused on blockchain technology, experienced a 0.80% increase, reaching $21.48.
- Bitwise Crypto Industry Innovators ETF (BITQ), focusing on pure-play crypto companies, saw a decrease of 0.81%, settling at $7.21.
- Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, slipped by 0.52% to $17.31.
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