Investing

Large cryptocurrencies mixed as Dogecoin drops

Large cryptocurrencies were mixed during morning trading on Tuesday, with Ethereum
ETHUSD,
-1.42%
seeing the biggest move, rising 1.59% to $1,847.02.

Dogecoin
DOGEUSD,
-1.49%
led the decreases with a 0.52% drop to 7 cents.

Five other cryptocurrencies saw increases Tuesday. Bitcoin
BTCUSD,
-1.37%
increased 1.26% to $27,236.60, and Polygon
MATICUSD,
-1.27%
climbed 1.04% to 88 cents.

Polkadot
DOTUSD,
-1.20%
rose 0.84% to $5.36, and Solana
SOLUSD,
-2.34%
climbed 0.81% to $19.84.

Uniswap
UNIUSD,
-1.89%,
which saw the smallest increase, climbed 0.47% to $5.11.

In addition to Dogecoin, two other currencies posted reductions. Ripple
XRPUSD,
-1.26%
slipped 0.35% to 46 cents, and Cardano
ADAUSD,
-1.78%
inched down 0.16% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.23%
rose 1.67% to $62.09, while MicroStrategy Inc.
MSTR,
-1.63%
climbed 2.09% to $300.26. Riot Platforms Inc.
RIOT,
-7.54%
shares climbed 1.39% to $12.37, and shares of Marathon Digital Holdings Inc.
MARA,
-3.62%
increased 5.02% to $10.16.

Overstock.com Inc.
OSTK,
-1.07%
climbed 1.35% to $18.03, while Block Inc.
SQ,
+1.55%
climbed 0.63% to $61.00 and Tesla Inc.
TSLA,
-1.64%
rallied 1.03% to $190.82.

PayPal Holdings Inc.
PYPL,
-1.63%
climbed 0.03% to $63.05, and Ebang International Holdings Inc.
EBON,
+1.59%
shares shed 3.34% to $6.08. NVIDIA Corp.
NVDA,
-1.57%
rose 0.06% to $311.96, and Advanced Micro Devices Inc.
AMD,
+0.11%
rallied 2.23% to $110.41.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-2.02%,
which is focused on pure-play crypto companies, increased 1.96% to $7.06. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.34%
increased 1.34% to $20.42. Grayscale Bitcoin Trust
GBTC,
+0.99%,
which tracks the Bitcoin market price, rallied 1.97% to $14.47.


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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