Most large cryptocurrencies were down during morning trading on Tuesday, with Solana
SOLUSD,
seeing the biggest move, dropping 1.52% to $23.37.
Seven additional currencies posted drops Tuesday. Ripple
XRPUSD,
fell 1.44% to 69 cents, and Cardano
ADAUSD,
shed 1.35% to 30 cents.
Bitcoin
BTCUSD,
declined 1.35% to $28,866.60, while Ethereum
ETHUSD,
declined 1.06% to $1,833.68. Uniswap
UNIUSD,
slid 0.73% to $6.42.
Polygon
MATICUSD,
and Dogecoin
DOGEUSD,
rounded out the decreases for Tuesday, dropping 0.53% to 68 cents and 0.16% to 8 cents, respectively.
On the other hand, Polkadot
DOTUSD,
posted the only increase among the largest cryptos, rising 0.07% to $5.09.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 7.01% to $91.70, while MicroStrategy Inc.
MSTR,
shed 2.91% to $425.13. Riot Platforms Inc.
RIOT,
shares fell 4.72% to $17.65, and shares of Marathon Digital Holdings Inc.
MARA,
shed 5.88% to $16.35.
Overstock.com Inc.
OSTK,
declined 3.43% to $35.22, while Block Inc.
SQ,
dropped 2.06% to $78.88 and Tesla Inc.
TSLA,
declined 1.55% to $263.29.
PayPal Holdings Inc.
PYPL,
shed 1.06% to $75.02, and Ebang International Holdings Inc.
EBON,
shares slid 0.75% to $9.28. NVIDIA Corp.
NVDA,
fell 1.23% to $461.55, and Advanced Micro Devices Inc.
AMD,
rose 0.51% to $114.98.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 2.49% to $25.42. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 5.07% to $9.54. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.93% to $18.76.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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