All of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot DOTUSD, -11.44% seeing the biggest move, plunging 11.15% to $17.86.
Cardano ADAUSD, -11.00% plunged 10.49% to 95 cents, and Uniswap UNIUSD, -9.75% shed 9.03% to $9.31.
Litecoin LTCUSD, -8.48% fell 9.03% to $104.58 on Monday, while Bitcoin Cash BCHUSD, -8.40% dropped 8.00% to $303.80 and Dogecoin DOGEUSD, -9.24% dropped 8.45% to 14 cents.
Ripple XRPUSD, -8.01% and Ethereum ETHUSD, -8.28% fell 7.66% to 71 cents and 7.36% to $3,048.00
Bitcoin BTCUSD, -5.45% rounded out the decreases with a 4.65% decline to $41,147.52.
In crypto-related company news, shares of Coinbase Global Inc. COIN, -3.87% dropped 3.88% to $154.69, while MicroStrategy Inc. MSTR, -4.99% fell 1.99% to $444.22. Riot Blockchain Inc. RIOT, -4.26% shares shed 3.36% to $16.12, and shares of Marathon Digital Holdings Inc. MARA, -2.91% declined 1.63% to $22.31.
Overstock.com Inc. OSTK, 0.49% climbed 1.10% to $40.90, while Block Inc. SQ, 0.06% inched down 0.80% to $122.23 and Tesla Inc. TSLA, -3.90% declined 3.19% to $992.76.
PayPal Holdings Inc. PYPL, -0.65% slipped 0.65% to $110.49, and Ebang International Holdings Inc. Cl A EBON, -5.41% shares slid 0.45% to $1.11. NVIDIA Corp. NVDA, -5.89% fell 4.94% to $219.77, and Advanced Micro Devices Inc. AMD, -3.91% declined 0.65% to $96.98.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -2.70% shed 1.67% to $30.55. The Bitwise Crypto Industry Innovators ETF BITQ, -3.26%, which is focused on pure-play crypto companies, dropped 2.04% to $14.95. Grayscale Bitcoin Trust GBTC, -5.16%, which tracks the Bitcoin market price, dropped 4.96% to $28.34.
Article Source https://www.marketwatch.com/story/largest-cryptocurrencies-fall-as-polkadot-tumbles-01649685625-799cecb8d18c?mod=mw_quote_news