Polkadot leads way as largest cryptocurrencies decline

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Polkadot
DOTUSD,
+0.59%

seeing the biggest change, tumbling 4.38% to $7.84.

Bitcoin Cash
BCHUSD,
-0.06%

dropped 3.21% to $132.60, and Cardano
ADAUSD,
+0.37%

declined 2.60% to 50 cents.

Ethereum
ETHUSD,
-0.05%

shed 2.60% to $1,581.37 on Tuesday, while Litecoin
LTCUSD,
+0.17%

declined 2.24% to $57.54 and Dogecoin
DOGEUSD,
+0.57%

declined 2.28% to 7 cents.

Uniswap
UNIUSD,
-0.10%

and Ripple
XRPUSD,
-0.02

fell 2.22% to $8.05 and 1.99% to 37 cents

Bitcoin
BTCUSD,
+0.45%

posted the smallest drop with a 0.91% decline to $22,816.51.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+7.22%

rose 1.48% to $63.63, while MicroStrategy Inc.
MSTR,
+0.91%

rose 1.53% to $279.96. Riot Blockchain Inc.
RIOT,
+5.73%

shares slipped 0.95% to $7.26, and shares of Marathon Digital Holdings Inc.
MARA,
+5.62%

slipped 0.33% to $12.23.

Overstock.com Inc.
OSTK,
-2.75%

fell 2.99% to $28.89, while Block Inc.
SQ,
+1.65%

rose 0.99% to $78.58 and Tesla Inc.
TSLA,
+1.11%

rose 0.23% to $893.90.

PayPal Holdings Inc.
PYPL,
+1.20%

slipped 0.11% to $88.47, and Ebang International Holdings Inc. Cl A
EBON,
-1.40%

shares rose 2.03% to 49 cents. NVIDIA Corp.
NVDA,
+0.46%

sank 0.62% to $183.27, and Advanced Micro Devices Inc.
AMD,
+2.59%

climbed 0.11% to $96.91.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+3.97%
,
which is focused on pure-play crypto companies, climbed 0.45% to $7.84. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.14%

slid 0.18% to $21.90. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.63% to $14.12.


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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