Most large cryptocurrencies were down during morning trading on Tuesday, with Cardano
ADAUSD,
seeing the biggest move, dropping 3.51% to 54 cents.
Seven additional currencies posted reductions Tuesday. Uniswap
UNIUSD,
fell 2.63% to $6.63, and Polygon
MATICUSD,
fell 2.54% to 86 cents.
Ripple
XRPUSD,
declined 2.54% to 52 cents, while Bitcoin
BTCUSD,
fell 2.35% to $48,674.50. Dogecoin
DOGEUSD,
declined 1.45% to 8 cents.
Polkadot
DOTUSD,
and Solana
SOLUSD,
rounded out the decreases for Tuesday, dropping 1.10% to $7.19 and 0.35% to $109.86, respectively.
On the other hand, Ethereum
ETHUSD,
posted the only increase among the largest cryptos, rising 0.08% to $2,632.68.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 5.02% to $139.91, while MicroStrategy Inc.
MSTR,
shed 6.67% to $669.70. Riot Platforms Inc.
RIOT,
shares declined 7.35% to $14.75, and shares of Marathon Digital Holdings Inc.
MARA,
tumbled 10.19% to $24.50.
Block Inc.
SQ,
declined 5.02% to $65.39 and Tesla Inc.
TSLA,
dropped 1.04% to $186.17.
PayPal Holdings Inc.
PYPL,
shed 3.59% to $57.94, and Ebang International Holdings Inc.
EBON,
shares dropped 3.96% to $10.67. NVIDIA Corp.
NVDA,
declined 1.49% to $711.71, and Advanced Micro Devices Inc.
AMD,
shed 1.90% to $168.64.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 3.79% to $29.98. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 6.34% to $10.49.
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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