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Cryptocurrency Gains on Monday


Most major cryptocurrencies saw modest gains during morning trading on Monday, with Uniswap having the strongest showing, rallying 2.84% to reach $5.47.

In addition, six additional currencies posted an increase. Polkadot rose 1.66% to $5.23, while Solana rose 1.60% to $17.12.

Polygon climbed 1.12% to 67 cents, Bitcoin rose 0.88% to $30,628.00, and Ethereum rose 0.01% to $1,905.78.

Although Cardano had the smallest increase of the day, it still rose 0.01% to 29 cents.

On the downside, Ripple saw a drop of 0.62% to 49 cents, and Dogecoin inched down 0.15% to reach 7 cents.

In terms of crypto-related company news, shares of Coinbase Global saw a significant rise of 7.08% to $65.82. Meanwhile, MicroStrategy Inc.’s shares inched down 0.49% to $327.50, and Riot Platforms Inc. saw shares climb 2.85% to $11.93. Marathon Digital Holdings Inc.’s shares also climbed by 1.30% to reach $12.88.

Stock Market Update

The stock market saw mixed results today, with Inc. dropping by 1.23% to $23.62, while Block Inc. rallied by 1.24% to $63.64 and Tesla Inc. slid by 0.02% to $256.55.

On the other hand, PayPal Holdings Inc. climbed by 0.34% to $67.17, and Ebang International Holdings Inc. shares climbed by 0.68% to $7.40. NVIDIA Corp. climbed by 1.19% to $427.11, and Advanced Micro Devices Inc. increased by 1.95% to $112.15.

In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, climbed by 1.17% to $7.75. Meanwhile, the Blockchain-focused Amplify Transformational Data Sharing ETF climbed by 0.63% to $21.73, and Grayscale Bitcoin Trust, which tracks the Bitcoin market price, climbed by 1.25% to $19.43.

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