Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Dogecoin
DOGEUSD,
seeing the biggest move, dropping 6.94% to 16 cents.
Seven additional currencies posted drops Tuesday. Uniswap
UNIUSD,
shed 5.29% to $11.80, and Polkadot
DOTUSD,
dropped 3.84% to $21.51.
Bitcoin Cash
BCHUSD,
fell 3.84% to $329.81, while Ethereum
ETHUSD,
fell 2.63% to $3,068.58. Litecoin
LTCUSD,
shed 2.39% to $133.38.
Bitcoin
BTCUSD,
and Cardano
ADAUSD,
rounded out the decreases for Tuesday, dropping 1.01% to $43,604.32 and 0.94% to $1.18, respectively.
On the other hand, Ripple
XRPUSD,
posted the only increase among the largest cryptos, rising 4.72% to 84 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 3.30% to $198.96, while MicroStrategy Inc.
MSTR,
declined 1.32% to $408.00. Riot Blockchain Inc.
RIOT,
shares dropped 1.02% to $17.52, and shares of Marathon Digital Holdings Inc.
MARA,
shed 3.03% to $24.80.
Overstock.com Inc.
OSTK,
climbed 1.43% to $50.43, while Block Inc.
SQ,
dropped 1.83% to $100.93 and Tesla Inc.
TSLA,
inched down 0.61% to $901.82.
PayPal Holdings Inc.
PYPL,
rose 0.17% to $121.62, and Ebang International Holdings Inc. Cl A
EBON,
shares dropped 2.91% to $1.25. NVIDIA Corp.
NVDA,
shed 1.99% to $242.36, and Advanced Micro Devices Inc.
AMD,
inched down 0.17% to $123.00.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.37% to $33.81. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 1.40% to $16.89. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.23% to $30.50.
Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.
