All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin
seeing the biggest move, tumbling 17.17% to 5 cents.
rounded out the decreases with a 10.64% decline to 46 cents.
In crypto-related company news, shares of Coinbase Global Inc.
plunged 13.78% to $50.62, while MicroStrategy Inc.
cratered 24.99% to $152.55. Riot Blockchain Inc.
shares plunged 12.28% to $4.54, and shares of Marathon Digital Holdings Inc.
plunged 13.40% to $6.53.
PayPal Holdings Inc.
fell 4.59% to $75.66, and Ebang International Holdings Inc. Cl A
shares plunged 12.27% to 66 cents. NVIDIA Corp.
declined 5.63% to $160.18, and Advanced Micro Devices Inc.
shed 4.59% to $89.85.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
dropped 8.34% to $19.12. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, tumbled 14.31% to $6.26. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, tumbled 17.77% to $15.36.