Monday, February 6, 2023
HomeMarketLargest cryptocurrencies fall as Dogecoin drops

Largest cryptocurrencies fall as Dogecoin drops

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All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin
DOGEUSD,
-10.03%
seeing the biggest move, falling 9.83% to 9 cents.

Ripple
XRPUSD,
-5.68%
declined 5.50% to 38 cents, and Uniswap
UNIUSD,
-5.18%
declined 5.32% to $5.25.

Litecoin
LTCUSD,
-2.62%
declined 5.32% to $71.78 on Monday, while Ethereum
ETHUSD,
-3.88%
shed 4.09% to $1,166.51 and Polkadot
DOTUSD,
-4.12%
declined 4.28% to $5.17.

Cardano
ADAUSD,
-3.96%
and Bitcoin Cash
BCHUSD,
-3.31%
fell 4.01% to 31 cents and 3.74% to $108.78

Bitcoin
BTCUSD,
-2.31%
rounded out the decreases with a 2.12% decline to $16,217.68.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.22%
inched down 0.93% to $43.87, while MicroStrategy Inc.
MSTR,
-5.31%
shed 2.73% to $178.00. Riot Blockchain Inc.
RIOT,
-3.95%
shares declined 2.33% to $4.33, and shares of Marathon Digital Holdings Inc.
MARA,
-3.54%
fell 3.14% to $6.03.

Overstock.com Inc.
OSTK,
-3.82%
sank 0.60% to $25.24, while Block Inc.
SQ,
-1.41%
sank 0.81% to $62.87 and Tesla Inc.
TSLA,
+2.77%
rose 0.72% to $184.17.

PayPal Holdings Inc.
PYPL,
+1.30%
rallied 2.15% to $81.80, and Ebang International Holdings Inc.
EBON,
-6.67%
shares shed 3.33% to $4.93. NVIDIA Corp.
NVDA,
-1.04%
climbed 0.18% to $162.99, and Advanced Micro Devices Inc.
AMD,
-1.33%
rose 2.15% to $75.31.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.03%
slipped 0.90% to $16.59. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.83%,
which is focused on pure-play crypto companies, declined 1.27% to $4.25. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 1.66% to $8.88.


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.

Credit: marketwatch.com

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