Most large cryptocurrencies decline as Ripple tumbles

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Most of the largest cryptocurrencies were down during morning trading on Monday, with Ripple XRPUSD seeing the biggest change, declining 1.51% to 84 cents.

Six additional currencies posted drops Monday. Dogecoin DOGEUSD dropped 1.31% to 17 cents, and Bitcoin Cash BCHUSD slid 0.70% to $442.74.

Litecoin LTCUSD sank 0.70% to $149.83, while Bitcoin BTCUSD sank 0.33% to $46,867.05. Ethereum ETHUSD slid 0.24% to $3,804.40.

Cardano ADAUSD, which posted the smallest decrease, inched down 0.22% to $1.36

On the other hand, two cryptos posted increases, with Uniswap UNIUSD seeing the largest rise at 4.32% to $18.75. Polkadot DOTUSD increased 2.89% to $30.47.

In crypto-related company news, shares of Coinbase Global Inc. COIN climbed 0.27% to $253.06, while MicroStrategy Inc. MSTR rose 1.14% to $550.72. Riot Blockchain Inc. RIOT shares rose 0.90% to $22.53, and shares of Marathon Digital Holdings Inc. MARA increased 1.19% to $33.25. Inc. OSTK sank 0.51% to $58.71, while Block Inc. SQ rose 0.26% to $161.93 and Tesla Inc. TSLA rose 8.88% to $1,150.62.

PayPal Holdings Inc. PYPL rose 1.40% to $191.23, and Ebang International Holdings Inc. Cl A EBON shares rose 0.49% to $1.04. NVIDIA Corp. NVDA rallied 2.74% to $302.17, and Advanced Micro Devices Inc. AMD rallied 1.40% to $148.64.

In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, rose 0.95% to $21.21. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK rose 0.77% to $40.48. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, climbed 3.07% to $35.30.

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.

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