All large cryptocurrencies were down during morning trading on Tuesday, with Polygon
MATICUSD,
seeing the biggest move, tumbling 3.28% to 77 cents.
Cardano
ADAUSD,
dropped 3.09% to 58 cents, and Solana
SOLUSD,
shed 2.48% to $73.11.
Polkadot
DOTUSD,
declined 2.48% to $6.72 on Tuesday, while Ethereum
ETHUSD,
dropped 1.31% to $2,186.75 and Dogecoin
DOGEUSD,
declined 1.38% to 9 cents.
Ripple
XRPUSD,
and Uniswap
UNIUSD,
fell 0.99% to 60 cents and 0.93% to $5.86
Bitcoin
BTCUSD,
rounded out the decreases with a 0.66% decline to $42,350.60.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
rose 2.52% to $157.30, while MicroStrategy Inc.
MSTR,
increased 2.21% to $584.53. Riot Platforms Inc.
RIOT,
shares climbed 5.01% to $17.22, and shares of Marathon Digital Holdings Inc.
MARA,
increased 7.20% to $21.31.
Block Inc.
SQ,
rose 3.80% to $76.69 and Tesla Inc.
TSLA,
rose 0.73% to $253.91.
PayPal Holdings Inc.
PYPL,
rose 1.55% to $62.42, and Ebang International Holdings Inc.
EBON,
shares rose 6.22% to $7.86. NVIDIA Corp.
NVDA,
dropped 1.63% to $492.60, and Advanced Micro Devices Inc.
AMD,
climbed 1.91% to $141.55.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 4.85% to $11.13. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 2.20% to $29.33. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 1.04% to $34.90.
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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