Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Bitcoin
BTCUSD,
seeing the biggest move, tumbling 3.08% to $18,919.08.
Seven additional currencies posted drops Tuesday. Cardano
ADAUSD,
fell 2.81% to 44 cents, and Polkadot
DOTUSD,
dropped 2.18% to $6.24.
Litecoin
LTCUSD,
fell 2.18% to $51.26, while Uniswap
UNIUSD,
fell 1.81% to $5.37. Ethereum
ETHUSD,
dropped 1.10% to $1,342.86.
Dogecoin
DOGEUSD,
and Ripple
XRPUSD,
rounded out the decreases for Tuesday, dropping 0.90% to 6 cents and 0.00% to 38 cents, respectively.
On the other hand, Bitcoin Cash
BCHUSD,
posted the only increase among the largest cryptos, rising 0.05% to $112.10.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 3.46% to $67.51, while MicroStrategy Inc.
MSTR,
declined 5.32% to $195.24. Riot Blockchain Inc.
RIOT,
shares shed 2.15% to $6.38, and shares of Marathon Digital Holdings Inc.
MARA,
fell 2.25% to $10.63.
Overstock.com Inc.
OSTK,
fell 2.26% to $26.13, while Block Inc.
SQ,
shed 2.55% to $62.09 and Tesla Inc.
TSLA,
inched down 0.44% to $307.72.
PayPal Holdings Inc.
PYPL,
dropped 4.07% to $91.16, and Ebang International Holdings Inc. Cl A
EBON,
shares held steady at 43 cents. NVIDIA Corp.
NVDA,
inched down 0.90% to $132.62, and Advanced Micro Devices Inc.
AMD,
declined 4.07% to $75.60.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 1.92% to $19.46. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 3.12% to $6.68. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 4.01% to $11.61.
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.
