Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple
XRPUSD,
seeing the biggest move, shedding 1.41% to 50 cents.
Seven additional currencies posted reductions Tuesday. Cardano
ADAUSD,
inched down 0.93% to 25 cents, and Polygon
MATICUSD,
inched down 0.74% to 52 cents.
Bitcoin
BTCUSD,
slid 0.74% to $27,399.90, while Polkadot
DOTUSD,
inched down 0.45% to $3.82. Dogecoin
DOGEUSD,
slid 0.14% to 6 cents.
Ethereum
ETHUSD,
and Uniswap
UNIUSD,
rounded out the decreases for Tuesday, dropping 0.11% to $1,575.24 and 0.02% to $4.11, respectively.
On the other hand, Solana
SOLUSD,
posted the only increase among the largest cryptos, rising 0.45% to $22.20.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 0.04% to $79.14, while MicroStrategy Inc.
MSTR,
inched down 0.04% to $340.32. Riot Platforms Inc.
RIOT,
shares sank 0.10% to $10.16, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 1.97% to $8.53.
Overstock.com Inc.
OSTK,
climbed 6.01% to $17.11, while Block Inc.
SQ,
climbed 3.91% to $45.42 and Tesla Inc.
TSLA,
climbed 2.34% to $265.75.
PayPal Holdings Inc.
PYPL,
slid 0.51% to $57.67, and Ebang International Holdings Inc.
EBON,
shares rose 1.24% to $7.32. NVIDIA Corp.
NVDA,
rose 0.66% to $455.70, and Advanced Micro Devices Inc.
AMD,
rose 0.76% to $107.78.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 0.70% to $6.71. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.65% to $20.24. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.44% to $20.41.
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
