Largest cryptocurrencies fall as Polkadot tumbles

All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot
DOTUSD
seeing the biggest move, plunging 11.15% to $17.86.

Cardano
ADAUSD
plunged 10.49% to 95 cents, and Uniswap
UNIUSD
shed 9.03% to $9.31.

Litecoin
LTCUSD
fell 9.03% to $104.58 on Monday, while Bitcoin Cash
BCHUSD
dropped 8.00% to $303.80 and Dogecoin
DOGEUSD
dropped 8.45% to 14 cents.

Ripple
XRPUSD
and Ethereum
ETHUSD
fell 7.66% to 71 cents and 7.36% to $3,048.00

Bitcoin
BTCUSD
rounded out the decreases with a 4.65% decline to $41,147.52.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 3.88% to $154.69, while MicroStrategy Inc.
MSTR
fell 1.99% to $444.22. Riot Blockchain Inc.
RIOT
shares shed 3.36% to $16.12, and shares of Marathon Digital Holdings Inc.
MARA
declined 1.63% to $22.31.

Overstock.com Inc.
OSTK
climbed 1.10% to $40.90, while Block Inc.
SQ
inched down 0.80% to $122.23 and Tesla Inc.
TSLA
declined 3.19% to $992.76.

PayPal Holdings Inc.
PYPL
slipped 0.65% to $110.49, and Ebang International Holdings Inc. Cl A
EBON
shares slid 0.45% to $1.11. NVIDIA Corp.
NVDA
fell 4.94% to $219.77, and Advanced Micro Devices Inc.
AMD
declined 0.65% to $96.98.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
shed 1.67% to $30.55. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 2.04% to $14.95. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 4.96% to $28.34.


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.