This article was automatically generated by MarketWatch using technology from Automated Insights.
Large cryptocurrencies were mixed during U.S. morning trading on Monday, with Solana seeing the biggest move, rising 5.65% to $153.66.
Polkadot led the decreases with a 1.83% drop to $7.21.
Five other cryptocurrencies saw increases Monday. Chainlink increased 3.58% to $14.88, and Avalanche increased 2.07% to $37.97.
Ripple climbed 0.50% to 53 cents, and Bitcoin climbed 0.21% to $63,878.40.
Cardano , which saw the smallest increase, climbed 0.08% to 46 cents.
In addition to Polkadot, two other currencies posted drops. Dogecoin slipped 0.78% to 16 cents, and Ethereum slipped 0.66% to $3,117.40.
In crypto-related company news, shares of Coinbase Global Inc. rose 4.15% to $232.52, while MicroStrategy Inc. increased 6.85% to $1,306.78. Riot Platforms Inc. shares climbed 3.98% to $10.84, and shares of Marathon Digital Holdings Inc. rose 9.70% to $19.22.
Block Inc. rose 3.30% to $71.77 and Tesla Inc. rose 3.37% to $187.29.
PayPal Holdings Inc. inched down 0.82% to $65.16, and Ebang International Holdings Inc. shares inched down 0.25% to $8.02. NVIDIA Corp. increased 3.16% to $915.95, and Advanced Micro Devices Inc. climbed 3.09% to $155.26.
In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, climbed 3.75% to $11.38. Blockchain-focused Amplify Transformational Data Sharing ETF increased 2.33% to $32.90.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 06, 2024 10:00 ET (14:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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