Most large cryptocurrencies were down during morning trading on Tuesday, with Solana
SOLUSD,
+0.13%
seeing the biggest move, dropping 1.52% to $23.37.
Seven additional currencies posted drops Tuesday. Ripple
XRPUSD,
-0.56%
fell 1.44% to 69 cents, and Cardano
ADAUSD,
-0.02
shed 1.35% to 30 cents.
Bitcoin
BTCUSD,
+0.78%
declined 1.35% to $28,866.60, while Ethereum
ETHUSD,
+0.23%
declined 1.06% to $1,833.68. Uniswap
UNIUSD,
-5.07%
slid 0.73% to $6.42.
Polygon
MATICUSD,
+0.71%
and Dogecoin
DOGEUSD,
-0.44%
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,
+0.29%
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,
-4.52%
dropped 7.01% to $91.70, while MicroStrategy Inc.
MSTR,
-0.66%
shed 2.91% to $425.13. Riot Platforms Inc.
RIOT,
-1.57%
shares fell 4.72% to $17.65, and shares of Marathon Digital Holdings Inc.
MARA,
-3.11%
shed 5.88% to $16.35.
Overstock.com Inc.
OSTK,
+1.62%
declined 3.43% to $35.22, while Block Inc.
SQ,
-2.20%
dropped 2.06% to $78.88 and Tesla Inc.
TSLA,
-2.38%
declined 1.55% to $263.29.
PayPal Holdings Inc.
PYPL,
-0.38%
shed 1.06% to $75.02, and Ebang International Holdings Inc.
EBON,
-3.42%
shares slid 0.75% to $9.28. NVIDIA Corp.
NVDA,
-0.48%
fell 1.23% to $461.55, and Advanced Micro Devices Inc.
AMD,
+2.80%
rose 0.51% to $114.98.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.61%
dropped 2.49% to $25.42. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.59%,
which is focused on pure-play crypto companies, dropped 5.07% to $9.54. Grayscale Bitcoin Trust
GBTC,
-0.47%,
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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