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Home Investing

Largest cryptocurrencies drop on Dogecoin, Uniswap decreases

by Press Room
August 16, 2022
in Investing
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All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin
DOGEUSD,
+2.73%
seeing the biggest change, dropping 4.74% to 8 cents.

Uniswap
UNIUSD,
+0.54%
shed 2.86% to $8.65, and Bitcoin Cash
BCHUSD,
+0.22%
dropped 2.64% to $135.98.

Litecoin
LTCUSD,
+0.89%
fell 2.64% to $61.76 on Monday, while Ethereum
ETHUSD,
+0.11%
fell 1.13% to $1,920.54 and Ripple
XRPUSD,
+0.50%
fell 1.88% to 37 cents.

Cardano
ADAUSD,
+1.31%
and Bitcoin
BTCUSD,
+0.47%
fell 1.08% to 56 cents and 0.57% to $24,188.75

Polkadot
DOTUSD,
+0.53%
posted the smallest drop with a 0.41% decline to $8.91.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.64%
rallied 2.96% to $93.17, while MicroStrategy Inc.
MSTR,
-1.07%
climbed 0.33% to $354.00. Riot Blockchain Inc.
RIOT,
-1.71%
shares declined 1.11% to $9.82, and shares of Marathon Digital Holdings Inc.
MARA,
-3.23%
declined 1.86% to $17.90.

Overstock.com Inc.
OSTK,
-3.69%
dropped 1.47% to $31.25, while Block Inc.
SQ,
-1.40%
climbed 0.19% to $88.12 and Tesla Inc.
TSLA,
+3.10%
rallied 1.66% to $915.01.

PayPal Holdings Inc.
PYPL,
+0.41%
climbed 0.05% to $101.15, and Ebang International Holdings Inc. Cl A
EBON,
+0.97%
shares rose 1.10% to 61 cents. NVIDIA Corp.
NVDA,
+1.73%
rallied 1.07% to $189.09, and Advanced Micro Devices Inc.
AMD,
+0.18%
rose 0.05% to $101.44.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.16%
inched down 0.12% to $25.03. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.10%,
which is focused on pure-play crypto companies, inched down 0.56% to $9.94. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 1.31% to $15.02.


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.

Read the full article here

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