This article was automatically generated by MarketWatch using technology from Automated Insights.
All large cryptocurrencies were down during U.S. morning trading on Monday, with Ethereum seeing the biggest move, dropping 9.89% to $2,618.66.
Cardano dropped 9.11% to 72 cents, and XRP shed 9.10% to $2.37.
Avalanche shed 9.10% to $25.86 on Monday, while Tronix fell 2.31% to 22 cents and Dogecoin dropped 3.53% to 26 cents.
Solana and Sui fell 1.36% to $199.26 and 0.92% to $3.27
Bitcoin rounded out the decreases with a 0.51% decline to $96,483.30.
In crypto-related company news, shares of Coinbase Global Inc. declined 5.29% to $275.93, while MicroStrategy Inc. fell 4.90% to $318.40. Riot Platforms Inc. shares dropped 6.57% to $11.10, and shares of MARA Holdings Inc. declined 6.43% to $17.16.
Block Inc. dropped 2.46% to $88.58 and Tesla Inc. fell 5.69% to $381.58.
PayPal Holdings Inc. declined 2.38% to $86.47, and Ebang International Holdings Inc. shares declined 3.17% to $5.50. NVIDIA Corp. fell 4.26% to $114.96, and Advanced Micro Devices Inc. shed 1.77% to $113.90.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF shed 3.48% to $46.20. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, shed 4.55% to $17.33.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 03, 2025 10:00 ET (15:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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