Investing

Cardano leads decreases as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Tuesday, with Solana
SOLUSD,
+3.99%
seeing the biggest move, climbing 3.42% to $36.01.

Cardano
ADAUSD,
-2.92%
led the decreases with a 2.24% drop to 29 cents.

Two other cryptocurrencies saw increases Tuesday. Ripple
XRPUSD,
+3.16%
climbed 2.51% to 59 cents, and Polkadot
DOTUSD,
+1.08%
rose 1.08% to $4.41.

In addition to Cardano, five other currencies posted reductions. Dogecoin
DOGEUSD,
-1.91%
fell 1.11% to 7 cents, and Uniswap
UNIUSD,
-1.85%
slipped 0.91% to $4.13.

Polygon
MATICUSD,
-2.16%
inched down 0.84% to 64 cents, and Bitcoin
BTCUSD,
-0.02%
inched down 34,200.00% to $34,200.00.

Ethereum
ETHUSD,
+0.30%
recorded the smallest decline, declining 0.47% to $1,793.57.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+4.19%
climbed 0.64% to $74.07, while MicroStrategy Inc.
MSTR,
+0.00%
fell 1.34% to $414.57. Riot Platforms Inc.
RIOT,
+0.57%
shares dropped 2.81% to $9.34, and shares of Marathon Digital Holdings Inc.
MARA,
-1.36%
declined 3.90% to $8.51.

Overstock.com Inc.
OSTK,
-0.38%
inched down 0.10% to $15.63, while Block Inc.
SQ,
+2.24%
sank 0.08% to $39.19 and Tesla Inc.
TSLA,
+1.74%
climbed 0.70% to $198.74.

PayPal Holdings Inc.
PYPL,
+1.18%
slipped 0.06% to $51.02, and Ebang International Holdings Inc.
EBON,
-1.41%
shares fell 1.27% to $7.01. NVIDIA Corp.
NVDA,
-1.19%
shed 3.63% to $396.69, and Advanced Micro Devices Inc.
AMD,
+2.44%
shed 1.13% to $95.09.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.53%
inched down 0.83% to $20.34. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.44%,
which is focused on pure-play crypto companies, fell 2.32% to $6.73. Grayscale Bitcoin Trust
GBTC,
+0.79%,
which tracks the Bitcoin market price, dropped 1.02% to $26.21.


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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