Dogecoin leads way as most big cryptocurrencies post drops

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Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Dogecoin
DOGEUSD,
-3.02%

seeing the biggest change, dropping 3.23% to 15 cents.

Six additional currencies posted reductions Tuesday. Ripple
XRPUSD,
-2.55%

dropped 2.65% to 87 cents, and Cardano
ADAUSD,
-1.53%

declined 1.46% to $1.22.

Litecoin
LTCUSD,
-1.13%

fell 1.46% to $129.94, while Polkadot
DOTUSD,
-0.12%

fell 1.01% to $22.59. Bitcoin Cash
BCHUSD,
-1.12%

sank 0.67% to $380.52.

Bitcoin
BTCUSD,
-0.26%
,
which posted the smallest decrease, slid 0.49% to $47,710.53

On the other hand, two cryptos posted increases, with Uniswap
UNIUSD,
+1.01%

seeing the largest rise at 1.02% to $11.55. Ethereum
ETHUSD,
+1.09%

rose 0.81% to $3,444.98.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.12%

inched down 0.91% to $199.58, while MicroStrategy Inc.
MSTR,
+0.30%

climbed 0.22% to $511.10. Riot Blockchain Inc.
RIOT,
-0.92%

shares declined 1.62% to $22.49, and shares of Marathon Digital Holdings Inc.
MARA,
-2.17%

shed 2.81% to $30.39.

Overstock.com Inc.
OSTK,
+6.43%

rallied 5.73% to $50.15, while Block Inc.
SQ,
+3.32%

rallied 3.12% to $142.43 and Tesla Inc.
TSLA,
+0.07%

rose 0.26% to $1,094.72.

PayPal Holdings Inc.
PYPL,
+2.34%

rose 2.61% to $119.20, and Ebang International Holdings Inc. Cl A
EBON,
+1.36%

shares were flat at $1.47. NVIDIA Corp.
NVDA,
+0.66%

climbed 0.80% to $284.46, and Advanced Micro Devices Inc.
AMD,
+1.27%

rose 2.61% to $121.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.49%

rose 0.39% to $36.21. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.61%
,
which is focused on pure-play crypto companies, slid 0.32% to $18.85. Grayscale Bitcoin Trust
GBTC,
+0.40%
,
which tracks the Bitcoin market price, was flat at $32.81.


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.



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