All large cryptocurrencies were down during morning trading on Tuesday, with Polygon
MATICUSD,
seeing the biggest move, tumbling 2.79% to 84 cents.
Solana
SOLUSD,
shed 1.66% to $20.78, and Polkadot
DOTUSD,
shed 1.65% to $5.25.
Ripple
XRPUSD,
declined 1.65% to 42 cents on Tuesday, while Uniswap
UNIUSD,
slid 0.70% to $5.10 and Bitcoin
BTCUSD,
declined 1.35% to $26,984.70.
Ethereum
ETHUSD,
and Dogecoin
DOGEUSD,
fell 0.67% to $1,814.00 and 0.67% to 7 cents
Cardano
ADAUSD,
posted the smallest drop with a 0.43% decline to 37 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 2.35% to $59.34, while MicroStrategy Inc.
MSTR,
inched down 0.77% to $280.33. Riot Platforms Inc.
RIOT,
shares shed 2.45% to $10.81, and shares of Marathon Digital Holdings Inc.
MARA,
dropped 1.15% to $9.43.
Overstock.com Inc.
OSTK,
fell 4.44% to $19.06, while Block Inc.
SQ,
shed 1.48% to $56.03 and Tesla Inc.
TSLA,
sank 0.79% to $165.03.
PayPal Holdings Inc.
PYPL,
inched down 0.98% to $61.64, and Ebang International Holdings Inc.
EBON,
shares dropped 1.26% to $5.47. NVIDIA Corp.
NVDA,
climbed 1.10% to $292.71, and Advanced Micro Devices Inc.
AMD,
increased 3.47% to $100.78.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 0.95% to $6.38. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
sank 0.83% to $19.71. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 1.00% to $14.85.
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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