Largest cryptocurrencies drop on Bitcoin Cash, Uniswap declines

19 Apr 2022, 07:15 · Views 2,587

All of the largest cryptocurrencies were down during morning trading on Monday, with Bitcoin Cash BCHUSD seeing the biggest move, shedding 5.37% to $318.27.

Uniswap UNIUSD fell 4.88% to $9.07, and Cardano ADAUSD shed 4.35% to 90 cents.

Dogecoin DOGEUSD declined 4.35% to 14 cents on Monday, while Polkadot DOTUSD shed 3.85% to $17.60 and Ethereum ETHUSD fell 4.04% to $2,922.61.

Litecoin LTCUSD and Ripple XRPUSD fell 3.62% to $107.04 and 3.28% to 74 cents

Bitcoin BTCUSD rounded out the decreases with a 2.37% decline to $39,341.05.

In crypto-related company news, shares of Coinbase Global Inc. COIN dropped 3.06% to $142.78, while MicroStrategy Inc. MSTR dropped 1.88% to $440.75. Riot Blockchain Inc. RIOT shares slid 0.99% to $14.82, and shares of Marathon Digital Holdings Inc. MARA dropped 3.72% to $20.44.

Overstock.com Inc. OSTK shed 1.80% to $37.72, while Block Inc. SQ dropped 3.19% to $117.45 and Tesla Inc. TSLA slipped 0.87% to $976.43.

PayPal Holdings Inc. PYPL declined 1.05% to $101.23, and Ebang International Holdings Inc. Cl A EBON shares slipped 0.48% to $1.05. NVIDIA Corp. NVDA slid 0.14% to $212.28, and Advanced Micro Devices Inc. AMD sank 1.05% to $92.58.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK dropped 1.48% to $29.31. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, declined 2.10% to $13.98. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, shed 1.33% to $28.12.

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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