Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Cardano
ADAUSD
seeing the biggest move, sliding 0.91% to 26 cents.
Seven additional currencies posted reductions Tuesday. Dogecoin
DOGEUSD
slid 0.90% to 7 cents, and Ethereum
ETHUSD
inched down 0.69% to $1,208.27.
Litecoin
LTCUSD
slid 0.69% to $69.54, while Polkadot
DOTUSD
slipped 0.51% to $4.50. Bitcoin
BTCUSD
inched down 0.39% to $16,755.30.
Bitcoin Cash
BCHUSD
and Ripple
XRPUSD
rounded out the decreases for Tuesday, dropping 0.12% to $102.76 and 0.09% to 37 cents, respectively.
On the other hand, Uniswap
UNIUSD
posted the only increase among the largest cryptos, rising 0.44% to $5.20.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 5.72% to $33.46, while MicroStrategy Inc.
MSTR
dropped 3.66% to $156.72. Riot Blockchain Inc.
RIOT
shares declined 4.51% to $3.51, and shares of Marathon Digital Holdings Inc.
MARA
fell 5.11% to $3.44.
Overstock.com Inc.
OSTK
fell 1.77% to $19.40, while Block Inc.
SQ
dropped 4.11% to $58.39 and Tesla Inc.
TSLA
dropped 6.50% to $115.14.
PayPal Holdings Inc.
PYPL
fell 1.48% to $68.01, and Ebang International Holdings Inc.
EBON
shares fell 2.71% to $2.87. NVIDIA Corp.
NVDA
declined 4.22% to $145.65, and Advanced Micro Devices Inc.
AMD
shed 1.48% to $63.32.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
declined 1.79% to $14.97. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 3.98% to $3.28. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 2.34% to $8.14.
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.
This news is republished from another source. You can check the original article here