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Polygon leads way as large cryptocurrencies post advances

All large cryptocurrencies were up during morning trading on Tuesday, with Polygon
MATICUSD,
-3.20%
seeing the biggest move, rising 3.11% to 67 cents.

Solana
SOLUSD,
-2.82%
climbed 2.59% to $16.62, while Ethereum
ETHUSD,
-1.22%
rallied 1.47% to $1,879.62.

Bitcoin
BTCUSD,
-0.44%
and Ripple
XRPUSD,
-0.58%
rallied 1.43% to $30,606.10 and 1.15% to 48 cents, respectively.

Dogecoin
DOGEUSD,
-1.06%
increased 0.97% to 7 cents, and Cardano
ADAUSD,
-2.24%
rose 0.97% to 28 cents.

Polkadot
DOTUSD,
-1.64%
and Uniswap
UNIUSD,
-1.97%
rounded out the increases for Tuesday, climbing 0.66% to $5.12 and 0.46% to $5.30, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+12.84%
rose 4.49% to $64.72, while MicroStrategy Inc.
MSTR,
+6.26%
rallied 3.21% to $315.54. Riot Platforms Inc.
RIOT,
+8.17%
shares increased 3.48% to $11.15, and shares of Marathon Digital Holdings Inc.
MARA,
+13.49%
climbed 6.40% to $12.55.

Overstock.com Inc.
OSTK,
+4.38%
inched down 0.13% to $23.03, while Block Inc.
SQ,
+3.53%
rallied 2.07% to $63.03 and Tesla Inc.
TSLA,
+3.80%
climbed 2.35% to $246.70.

PayPal Holdings Inc.
PYPL,
-0.32%
sank 0.11% to $66.37, and Ebang International Holdings Inc.
EBON,
+1.83%
shares increased 5.78% to $7.50. NVIDIA Corp.
NVDA,
+3.06%
climbed 1.10% to $410.78, and Advanced Micro Devices Inc.
AMD,
+2.68%
rose 0.60% to $108.15.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+4.44%
increased 1.79% to $21.31. The Bitwise Crypto Industry Innovators ETF
BITQ,
+5.87%,
which is focused on pure-play crypto companies, climbed 1.63% to $7.44. Grayscale Bitcoin Trust
GBTC,
+7.10%,
which tracks the Bitcoin market price, increased 2.64% to $18.66.


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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