Most large cryptocurrencies were down during morning trading on Tuesday, with Solana
SOLUSD,
seeing the biggest move, declining 4.58% to $107.64.
Seven additional currencies posted drops Tuesday. Dogecoin
DOGEUSD,
dropped 4.12% to 9 cents, and Polkadot
DOTUSD,
dropped 2.90% to $7.70.
Uniswap
UNIUSD,
shed 2.90% to $7.52, while Cardano
ADAUSD,
shed 1.72% to 62 cents. Polygon
MATICUSD,
shed 1.46% to 98 cents.
Ethereum
ETHUSD,
and Ripple
XRPUSD,
rounded out the decreases for Tuesday, dropping 1.01% to $2,936.54 and 0.04% to 56 cents, respectively.
On the other hand, Bitcoin
BTCUSD,
posted the only increase among the largest cryptos, rising 0.24% to $52,015.70.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 4.13% to $172.86, while MicroStrategy Inc.
MSTR,
rose 0.05% to $699.93. Riot Platforms Inc.
RIOT,
shares fell 1.88% to $16.14, and shares of Marathon Digital Holdings Inc.
MARA,
fell 4.44% to $25.75.
Block Inc.
SQ,
slipped 0.41% to $65.37 and Tesla Inc.
TSLA,
declined 3.57% to $192.81.
PayPal Holdings Inc.
PYPL,
inched down 0.64% to $58.76, and Ebang International Holdings Inc.
EBON,
shares rose 0.23% to $11.13. NVIDIA Corp.
NVDA,
declined 4.60% to $692.76, and Advanced Micro Devices Inc.
AMD,
fell 4.23% to $166.51.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 1.06% to $31.92. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.48% to $11.40.
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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