Large cryptocurrencies were mixed during morning trading on Tuesday, with Solana
SOLUSD,
seeing the biggest move, rising 3.11% to $21.20.
Polygon
MATICUSD,
led the decreases with a 1.12% drop to 90 cents.
Four other cryptocurrencies saw increases Tuesday. Ripple
XRPUSD,
increased 2.30% to 50 cents, and Uniswap
UNIUSD,
rose 0.84% to $5.16.
Ethereum
ETHUSD,
and Bitcoin
BTCUSD,
rounded out the increases, inching up 0.68% to $1,906.36 and 0.46% to $27,815.70.
In addition to Polygon, three other currencies posted reductions. Dogecoin
DOGEUSD,
slipped 0.75% to 7 cents, and Polkadot
DOTUSD,
slipped 0.16% to $5.46.
Cardano
ADAUSD,
which rounded out the decreases, slipped 0.05% to 38 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 8.80% to $61.93, while MicroStrategy Inc.
MSTR,
rallied 7.15% to $305.48. Riot Platforms Inc.
RIOT,
shares surged 13.19% to $12.36, and shares of Marathon Digital Holdings Inc.
MARA,
jumped 10.02% to $9.83.
Overstock.com Inc.
OSTK,
climbed 1.16% to $18.29, while Block Inc.
SQ,
rose 0.54% to $59.32 and Tesla Inc.
TSLA,
climbed 3.33% to $199.60.
PayPal Holdings Inc.
PYPL,
climbed 0.56% to $60.56, and Ebang International Holdings Inc.
EBON,
shares climbed 5.75% to $6.44. NVIDIA Corp.
NVDA,
rose 5.09% to $409.27, and Advanced Micro Devices Inc.
AMD,
dropped 1.86% to $124.67.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, increased 6.66% to $7.05. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 3.02% to $20.29. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 4.27% to $14.42.
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.
Read the full article here
