Crypto and tech stocks see mixed results in Monday’s trading By Investing.com
[ad_1]
© Reuters.
In Monday’s trading session, the cryptocurrency market experienced significant gains with major cryptocurrencies including , , , and recording notable price increases. Additionally, , Polygon, and also saw a substantial rise in their prices. Crypto-related companies such as Coinbase (NASDAQ:) Global Inc., MicroStrategy Inc., Riot Platforms Inc., and Marathon Digital (NASDAQ:) Holdings also enjoyed a notable climb in their share values.
In contrast, and registered smaller gains compared to their counterparts. Even as these cryptocurrencies were rising, certain crypto-related companies like Overstock.com (NASDAQ:) Inc., Block Inc., and Tesla (NASDAQ:) Inc. saw a dip in their share values.
In the realm of technology stocks, Advanced Micro Devices (NASDAQ:) shares declined while PayPal Holdings Inc (NASDAQ:)., Ebang International Holdings Inc., and notably NVIDIA Corp (NASDAQ:) recorded rises in their share values. This shows a mixed performance within the sector during Monday’s trading session.
Within the fund space, Bitwise Crypto Industry Innovators ETF and Amplify Transformational Data Sharing ETF managed to climb alongside Grayscale Bitcoin Trust, which tracks the Bitcoin market price. This suggests that funds tracking cryptocurrencies or related sectors also benefited from the overall positive performance of the crypto market on Monday.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
[ad_2]
Source link
© Reuters.
In Monday’s trading session, the cryptocurrency market experienced significant gains with major cryptocurrencies including , , , and recording notable price increases. Additionally, , Polygon, and also saw a substantial rise in their prices. Crypto-related companies such as Coinbase (NASDAQ:) Global Inc., MicroStrategy Inc., Riot Platforms Inc., and Marathon Digital (NASDAQ:) Holdings also enjoyed a notable climb in their share values.
In contrast, and registered smaller gains compared to their counterparts. Even as these cryptocurrencies were rising, certain crypto-related companies like Overstock.com (NASDAQ:) Inc., Block Inc., and Tesla (NASDAQ:) Inc. saw a dip in their share values.
In the realm of technology stocks, Advanced Micro Devices (NASDAQ:) shares declined while PayPal Holdings Inc (NASDAQ:)., Ebang International Holdings Inc., and notably NVIDIA Corp (NASDAQ:) recorded rises in their share values. This shows a mixed performance within the sector during Monday’s trading session.
Within the fund space, Bitwise Crypto Industry Innovators ETF and Amplify Transformational Data Sharing ETF managed to climb alongside Grayscale Bitcoin Trust, which tracks the Bitcoin market price. This suggests that funds tracking cryptocurrencies or related sectors also benefited from the overall positive performance of the crypto market on Monday.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
About The Author
