Large cryptocurrencies mixed as Bitcoin rises

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Large cryptocurrencies were mixed during morning trading on Tuesday, with Bitcoin
BTCUSD,
+3.21%
seeing the biggest move, rising 3.80% to $45,265.20.

Uniswap
UNIUSD,
-3.37%
led the decreases with a 2.90% drop to $7.33.

Two other cryptocurrencies saw increases Tuesday. Solana
SOLUSD,
+1.11%
climbed 1.92% to $110.11, and Ethereum
ETHUSD,
+0.89%
climbed 1.29% to $2,367.16.

In addition to Uniswap, five other currencies posted drops. Polygon
MATICUSD,
-2.55%
fell 2.54% to 98 cents, and Cardano
ADAUSD,
-0.35%
sank 0.66% to 61 cents.

Polkadot
DOTUSD,
-1.19%
slid 0.43% to $8.49, and Ripple
XRPUSD,
-0.42%
inched down 0.63% to 63 cents.

Dogecoin
DOGEUSD,
-0.27%
recorded the smallest decline, declining 0.09% to 9 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.31%
shed 4.89% to $165.41, while MicroStrategy Inc.
MSTR,
+11.51%
surged 11.27% to $702.81. Riot Platforms Inc.
RIOT,
+2.62%
shares climbed 5.37% to $16.30, and shares of Marathon Digital Holdings Inc.
MARA,
+1.11%
climbed 5.83% to $24.86.

Block Inc.
SQ,
-5.26%
shed 3.87% to $74.36 and Tesla Inc.
TSLA,
+0.54%
rose 0.33% to $249.31.

PayPal Holdings Inc.
PYPL,
+0.01%
slipped 0.48% to $61.12, and Ebang International Holdings Inc.
EBON,
-8.50%
shares dropped 9.61% to $13.83. NVIDIA Corp.
NVDA,
-2.90%
fell 3.35% to $478.61, and Advanced Micro Devices Inc.
AMD,
-5.26%
declined 4.30% to $141.08.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.60%,
which is focused on pure-play crypto companies, rose 3.45% to $11.99. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.44%
rose 1.66% to $30.35. Grayscale Bitcoin Trust
GBTC,
+6.82%,
which tracks the Bitcoin market price, rose 6.44% to $36.85.


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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