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Cryptocurrency Market Update



The cryptocurrency market experienced a decline during morning trading on Monday. Various cryptocurrencies saw a decrease in their values, with Uniswap, Polygon, Dogecoin, Solana, Ethereum, Cardano, Polkadot, and Ripple being affected. However, Bitcoin posted the smallest drop compared to others.

Cryptocurrency Performance

  • Uniswap (UNIUSD) declined by 6.91% to $5.76.
  • Polygon (MATICUSD) fell 5.95% to 78 cents.
  • Dogecoin (DOGEUSD) dropped 5.17% to 9 cents.
  • Solana (SOLUSD) shed 5.17% to $71.13.
  • Ethereum (ETHUSD) decreased by 3.08% to $2,167.41.
  • Cardano (ADAUSD) fell 3.12% to 57 cents.
  • Polkadot (DOTUSD) declined by 2.93% to $6.65.
  • Ripple (XRPUSD) fell 2.68% to 60 cents.
  • Bitcoin (BTCUSD) posted the smallest drop with a 0.73% decline to $41,575.00.

Crypto-Related Company News

In the crypto-related company news, various companies saw changes in their stock prices:

  • Coinbase Global Inc. (COIN) climbed 2.01% to $150.88.
  • MicroStrategy Inc. (MSTR) increased by 0.58% to $573.69.
  • Riot Platforms Inc. (RIOT) experienced a rise of 3.68% to $16.21.
  • Marathon Digital Holdings Inc. (MARA) saw a rise of 4.46% to $19.11.
  • Block Inc. (SQ) rose 0.09% to $74.28.
  • Tesla Inc. (TSLA) climbed 1.43% to $257.12.
  • PayPal Holdings Inc. (PYPL) saw an increase of 0.26% to $61.42.
  • Ebang International Holdings Inc. (EBON) inched down by 0.13% to $7.25.
  • NVIDIA Corp. (NVDA) increased by 1.52% to $496.33.
  • Advanced Micro Devices Inc. (AMD) rose 0.07% to $139.25.

Performance of Crypto Funds

In the fund space, the following crypto-focused exchange-traded funds (ETFs) and trusts saw changes in their values:

  • Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, increased by 2.64% to $10.51.
  • Amplify Transformational Data Sharing ETF (BLOK), which is blockchain-focused, rose 1.29% to $28.58.
  • Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, slipped 0.46% to $33.94.

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