Most of the largest cryptocurrencies were down during afternoon trading on Tuesday, with Polkadot
DOTUSD,
seeing the biggest move, dropping 3.91% to $9.96.
Six additional currencies posted decreases Tuesday. Uniswap
UNIUSD,
fell 3.28% to $5.46, and Ripple
XRPUSD,
dropped 2.39% to 40 cents.
Dogecoin
DOGEUSD,
dropped 2.39% to 8 cents, while Cardano
ADAUSD,
declined 2.19% to 52 cents. Ethereum
ETHUSD,
shed 1.96% to $1,957.21.
Bitcoin Cash
BCHUSD,
which posted the smallest decrease, fell 1.74% to $192.22
On the other hand, two cryptos posted increases, with Litecoin
LTCUSD,
seeing the largest rise at 0.22% to $69.59. Bitcoin
BTCUSD,
rose 0.11% to $29,321.08.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 7.62% to $61.06, while MicroStrategy Inc.
MSTR,
dropped 7.03% to $190.00. Riot Blockchain Inc.
RIOT,
shares fell 9.88% to $6.18, and shares of Marathon Digital Holdings Inc.
MARA,
tumbled 10.37% to $8.90.
Overstock.com Inc.
OSTK,
shed 6.83% to $25.36, while Block Inc.
SQ,
fell 8.03% to $76.71 and Tesla Inc.
TSLA,
dropped 5.42% to $638.34.
PayPal Holdings Inc.
PYPL,
fell 3.51% to $78.33, and Ebang International Holdings Inc. Cl A
EBON,
shares declined 2.04% to 71 cents. NVIDIA Corp.
NVDA,
declined 4.31% to $161.70, and Advanced Micro Devices Inc.
AMD,
shed 3.51% to $91.18.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 4.05% to $21.08. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 6.11% to $7.53. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 1.14% to $18.65.
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.
This news is republished from another source. You can check the original article here
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