Largest cryptocurrencies fall as Dogecoin drops

All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin DOGEUSD, -5.44% seeing the biggest change, declining 5.97% to 6 cents.

Cardano ADAUSD, -4.88% shed 5.29% to 44 cents, and Bitcoin Cash BCHUSD, -3.91% shed 4.21% to $103.26.

Ethereum ETHUSD, -3.24% shed 4.21% to $1,135.21 on Monday, while Bitcoin BTCUSD, -2.60% fell 2.80% to $20,372.97 and Uniswap UNIUSD, -3.57% dropped 3.40% to $6.11.

Litecoin LTCUSD, -2.19% and Polkadot DOTUSD, -1.60% fell 2.60% to $50.23 and 1.66% to $6.76

Ripple XRPUSD, -1.21% posted the smallest drop with a 1.04% decline to 32 cents.

In crypto-related company news, shares of Coinbase Global Inc. COIN, -7.25% declined 7.65% to $55.68, while MicroStrategy Inc. MSTR, -7.78% declined 8.39% to $202.71. Riot Blockchain Inc. RIOT, -9.34% shares tumbled 10.60% to $4.88, and shares of Marathon Digital Holdings Inc. MARA, -6.01% fell 7.87% to $7.84.

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Overstock.com Inc. OSTK, -3.23% dropped 4.07% to $26.15, while Block Inc. SQ, -4.52% dropped 5.41% to $63.39 and Tesla Inc. TSLA, -4.00% dropped 3.80% to $723.74.

PayPal Holdings Inc. PYPL, -3.52% dropped 4.25% to $70.31, and Ebang International Holdings Inc. Cl A EBON, +1.21% shares rose 3.15% to 57 cents. NVIDIA Corp. NVDA, -4.16% declined 4.37% to $151.46, and Advanced Micro Devices Inc. AMD, -3.25% declined 4.25% to $76.22.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -3.36% declined 3.58% to $19.23. The Bitwise Crypto Industry Innovators ETF BITQ, -6.00%, which is focused on pure-play crypto companies, declined 5.98% to $6.27. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, dropped 6.17% to $12.92.

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