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AmextaFinance > Investing > Ethereum leads way as most big cryptocurrencies post drops
Investing

Ethereum leads way as most big cryptocurrencies post drops

News Room
Last updated: 2023/07/12 at 2:51 AM
By News Room
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2 Min Read
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Most large cryptocurrencies were down during morning trading on Tuesday, with Ethereum
ETHUSD,
+0.78%
seeing the biggest change, shedding 1.24% to $1,868.47.

Six additional currencies posted decreases Tuesday. Ripple
XRPUSD,
+0.20%
fell 1.23% to 47 cents, and Dogecoin
DOGEUSD,
+0.88%
declined 1.23% to 6 cents.

Uniswap
UNIUSD,
+2.71%
fell 1.23% to $5.24, while Bitcoin
BTCUSD,
+0.45%
shed 1.10% to $30,436.70. Polygon
MATICUSD,
+0.53%
slid 0.76% to 74 cents.

Polkadot
DOTUSD,
+1.38%,
which posted the smallest decrease, slipped 0.70% to $5.15

On the other hand, two cryptos posted increases, with Solana
SOLUSD,
+0.32%
seeing the largest rise at 3.61% to $22.12. Cardano
ADAUSD,
+1.06%
climbed 0.30% to 29 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+9.78%
increased 3.97% to $84.43, while MicroStrategy Inc.
MSTR,
+1.13%
dropped 1.64% to $401.02. Riot Platforms Inc.
RIOT,
+3.86%
shares climbed 0.47% to $16.94, and shares of Marathon Digital Holdings Inc.
MARA,
+2.78%
rose 1.42% to $17.16.

Overstock.com Inc.
OSTK,
+3.85%
climbed 2.27% to $30.25, while Block Inc.
SQ,
+2.95%
rose 1.06% to $69.79 and Tesla Inc.
TSLA,
+0.07%
sank 0.13% to $269.26.

PayPal Holdings Inc.
PYPL,
+1.93%
rose 0.59% to $69.69, and Ebang International Holdings Inc.
EBON,
+17.69%
shares jumped 11.79% to $8.72. NVIDIA Corp.
NVDA,
+0.53%
climbed 0.28% to $422.98, and Advanced Micro Devices Inc.
AMD,
-1.99%
fell 2.14% to $111.15.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.29%
rose 0.44% to $25.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.26%,
which is focused on pure-play crypto companies, climbed 0.23% to $9.76. Grayscale Bitcoin Trust
GBTC,
-0.30%,
which tracks the Bitcoin market price, inched down 0.25% to $19.94.


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.

Read the full article here

News Room July 12, 2023 July 12, 2023
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