All major cryptocurrencies experienced a decline during morning trading on Monday. Among them, Solana (SOLUSD) saw the largest drop, decreasing by 5.59% to reach $87.37.
Polkadot (DOTUSD) followed suit with a decline of 4.84% to $6.56, while Uniswap (UNIUSD) dropped by 4.73% to $6.14.
Ethereum (ETHUSD) suffered a 4.13% drop, bringing its price down to $2,368.31. Ripple (XRPUSD) also dipped by 3.94% to 53 cents, and Polygon (MATICUSD) shed 4.18% to reach 76 cents.
Cardano (ADAUSD) and Bitcoin (BTCUSD) experienced a more moderate decline, falling by 2.77% to 49 cents and 2.58% to $40,676.20, respectively.
Dogecoin (DOGEUSD) posted the smallest decrease with a 2.09% dip, reaching 8 cents.
In related company news, Coinbase Global Inc. (COIN) saw its shares climb by 5.08% to $131.09, while MicroStrategy Inc. (MSTR) experienced a slight decline of 0.02% to $480.90. Riot Blockchain Inc. (RIOT) witnessed a 6.03% increase, reaching $10.91 per share, and Marathon Digital Holdings Inc. (MARA) rose by 5.26% to $16.98.
Block Inc. (SQ) saw a climb of 5.03% to $69.16, while Tesla Inc. (TSLA) increased by 2.13% to $216.71.
PayPal Holdings Inc. (PYPL) rose by 2.12% to $67.22, but Ebang International Holdings Inc. (EBON) shares fell by 2.43% to $8.92. NVIDIA Corp. (NVDA) witnessed a 0.69% increase, reaching $599.01, while Advanced Micro Devices Inc. (AMD) declined by 2.87% to $169.23.
In the fund space, the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, rose by 2.24% to $8.68. The blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) also climbed by 1.13% to reach $26.90.
