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Home » Solana leads decreases as large cryptocurrencies start mixed
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Solana leads decreases as large cryptocurrencies start mixed

News RoomBy News RoomAugust 28, 20230 Views0
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Large cryptocurrencies were mixed during morning trading on Monday, with Solana
SOLUSD,
-1.35%
seeing the biggest move, declining 1.21% to $20.47.

Polygon
MATICUSD,
+0.47%
lead the increases with a 0.56% climb to 56 cents.

Three other currencies posted decreases Monday. Ripple
XRPUSD,
-0.58%
declined 1.12% to 52 cents, and Dogecoin
DOGEUSD,
+0.48%
sank 0.48% to 6 cents.

Ethereum
ETHUSD,
-0.44%,
which rounded out the decreases, sank 0.31% to $1,648.25.

In addition to Polygon, four other cryptocurrencies saw increases. Uniswap
UNIUSD,
+0.39%
climbed 0.45% to $4.69, and Cardano
ADAUSD,
+1.34%
rose 0.13% to 26 cents.

Bitcoin
BTCUSD,
-0.41%
and Polkadot
DOTUSD,
+1.97%
rounded out the increases, inching up 0.08% to $26,101.90 and 0.05% to $4.49.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.74%
inched down 0.28% to $74.05, while MicroStrategy Inc.
MSTR,
+2.48%
climbed 2.96% to $345.99. Riot Platforms Inc.
RIOT,
+1.16%
shares rose 1.83% to $10.56, and shares of Marathon Digital Holdings Inc.
MARA,
+0.66%
increased 1.52% to $10.71.

Overstock.com Inc.
OSTK,
+2.71%
rose 1.68% to $25.15, while Block Inc.
SQ,
+0.02%
rose 0.16% to $55.95 and Tesla Inc.
TSLA,
+0.10%
rose 0.16% to $238.98.

PayPal Holdings Inc.
PYPL,
+0.78%
rose 0.40% to $61.43, and Ebang International Holdings Inc.
EBON,
-4.82%
shares climbed 2.03% to $7.75. NVIDIA Corp.
NVDA,
+1.78%
dropped 1.33% to $454.04, and Advanced Micro Devices Inc.
AMD,
+0.35%
climbed 0.12% to $102.37.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.71%,
which is focused on pure-play crypto companies, climbed 1.42% to $7.17. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.38%
climbed 0.48% to $21.08. Grayscale Bitcoin Trust
GBTC,
+1.33%,
which tracks the Bitcoin market price, climbed 1.67% to $17.64.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

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