Most large cryptocurrencies were down during morning trading on Tuesday, with Polygon
MATICUSD,
+1.50%
seeing the biggest change, falling 4.97% to 53 cents.
Seven additional currencies posted reductions Tuesday. Uniswap
UNIUSD,
+1.26%
fell 3.08% to $4.67, and Cardano
ADAUSD,
+1.14%
fell 2.72% to 26 cents.
Solana
SOLUSD,
+1.48%
fell 2.72% to $20.85, while Ripple
XRPUSD,
+0.65%
shed 1.69% to 51 cents. Polkadot
DOTUSD,
+1.11%
fell 1.09% to $4.39.
Ethereum
ETHUSD,
+0.28%
and Bitcoin
BTCUSD,
+0.62%
rounded out the decreases for Tuesday, dropping 1.01% to $1,655.53 and 0.50% to $25,980.90, respectively.
On the other hand, Dogecoin
DOGEUSD,
+0.71%
posted the only increase among the largest cryptos, rising 0.02% to 6 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.50%
declined 1.35% to $74.27, while MicroStrategy Inc.
MSTR,
-1.71%
climbed 0.40% to $336.59. Riot Platforms Inc.
RIOT,
-1.68%
shares declined 1.63% to $10.56, and shares of Marathon Digital Holdings Inc.
MARA,
-0.90%
slipped 0.63% to $10.98.
Overstock.com Inc.
OSTK,
-4.43%
dropped 1.70% to $24.61, while Block Inc.
SQ,
-2.59%
dropped 1.69% to $56.59 and Tesla Inc.
TSLA,
+0.83%
increased 1.88% to $235.62.
PayPal Holdings Inc.
PYPL,
+2.47%
climbed 0.22% to $59.64, and Ebang International Holdings Inc.
EBON,
+0.62%
shares fell 1.19% to $7.63. NVIDIA Corp.
NVDA,
-2.77%
fell 1.09% to $464.55, and Advanced Micro Devices Inc.
AMD,
-2.37%
fell 1.00% to $107.14.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.09%
sank 0.24% to $21.11. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.39%,
which is focused on pure-play crypto companies, dropped 1.11% to $7.13. Grayscale Bitcoin Trust
GBTC,
-1.22%,
which tracks the Bitcoin market price, rose 0.41% to $17.28.
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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