Most of the largest cryptocurrencies were down during morning trading on Monday, with Bitcoin Cash
seeing the biggest move, falling 1.95% to $102.89.
On the other hand, Litecoin
posted the only increase among the largest cryptos, rising 1.30% to $61.58.
In crypto-related company news, shares of Coinbase Global Inc.
declined 6.05% to $42.52, while MicroStrategy Inc.
declined 4.01% to $163.30. Riot Blockchain Inc.
shares dropped 5.16% to $4.23, and shares of Marathon Digital Holdings Inc.
shed 6.56% to $6.98.
PayPal Holdings Inc.
declined 1.83% to $83.37, and Ebang International Holdings Inc. Cl A
shares declined 9.83% to 24 cents. NVIDIA Corp.
slid 0.76% to $152.91, and Advanced Micro Devices Inc.
declined 1.83% to $72.52.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
inched down 0.61% to $16.34. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, shed 3.85% to $4.25. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 9.58% to $7.55.