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    Cryptocurrency

    Solana leads way as large cryptocurrencies fall

    January 22, 2024Updated:January 22, 2024No Comments2 Mins Read

    Published: Jan. 22, 2024 at 10:00 a.m. ET

    All large cryptocurrencies were down during morning trading on Monday, with Solana Solana USD seeing the biggest move, dropping 5.59% to $87.37.

    Polkadot Polkadot USD declined 4.84% to $6.56, and Uniswap Uniswap USD dropped 4.73% to $6.14.

    Ethereum Ethereum USD dropped 4.73% to $2,368.31 on Monday, while Ripple XRP USD shed 3.94% to 53 cents…

    All large cryptocurrencies were down during morning trading on Monday, with Solana

    SOLUSD

    seeing the biggest move, dropping 5.59% to $87.37.

    Polkadot

    DOTUSD

    declined 4.84% to $6.56, and Uniswap

    UNIUSD

    dropped 4.73% to $6.14.

    Ethereum

    ETHUSD

    dropped 4.73% to $2,368.31 on Monday, while Ripple

    XRPUSD

    shed 3.94% to 53 cents and Polygon

    MATICUSD

    shed 4.18% to 76 cents.

    Cardano

    ADAUSD

    and Bitcoin

    BTCUSD

    fell 2.77% to 49 cents and 2.58% to $40,676.20

    Dogecoin

    DOGEUSD

    posted the smallest drop with a 2.09% decline to 8 cents.

    In crypto-related company news, shares of Coinbase Global Inc.

    COIN

    climbed 5.08% to $131.09, while MicroStrategy Inc.

    MSTR

    sank 0.02% to $480.90. Riot Platforms Inc.

    RIOT

    shares increased 6.03% to $10.91, and shares of Marathon Digital Holdings Inc.

    MARA

    rose 5.26% to $16.98.

    Block Inc.

    SQ

    climbed 5.03% to $69.16 and Tesla Inc.

    TSLA

    increased 2.13% to $216.71.

    PayPal Holdings Inc.

    PYPL

    rose 2.12% to $67.22, and Ebang International Holdings Inc.

    EBON

    shares fell 2.43% to $8.92. NVIDIA Corp.

    NVDA

    rose 0.69% to $599.01, and Advanced Micro Devices Inc.

    AMD

    declined 2.87% to $169.23.

    In the fund space, the Bitwise Crypto Industry Innovators ETF

    BITQ

    ,
    which is focused on pure-play crypto companies, rose 2.24% to $8.68. Blockchain-focused Amplify Transformational Data Sharing ETF

    BLOK

    climbed 1.13% to $26.90.


    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.

    This news is republished from another source. You can check the original article here

    Previous ArticleHow Blockchain and AI Can Work Together
    Next Article Bitcoin Price Falls as ETF Fever Fades. Brace for a ‘Notorious’ Correction.

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