Most big cryptocurrencies decline as Polkadot tumbles

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Polkadot
DOTUSD,
-3.38%

seeing the biggest move, dropping 3.49% to $6.46.

Seven additional currencies posted reductions Tuesday. Uniswap
UNIUSD,
-1.72%

shed 2.08% to $6.61, and Ripple
XRPUSD,
-1.58%

shed 1.48% to 42 cents.

Ethereum
ETHUSD,
-0.86%

shed 1.48% to $1,612.98, while Litecoin
LTCUSD,
-0.94%

dropped 1.09% to $89.61. Cardano
ADAUSD,
-0.32%

sank 0.67% to 37 cents.

Bitcoin
BTCUSD,
-0.35%

and Dogecoin
DOGEUSD,
-0.19%

rounded out the decreases for Tuesday, dropping 0.46% to $22,882.86 and 0.10% to 9 cents, respectively.

On the other hand, Bitcoin Cash
BCHUSD,
-0.04%

posted the only increase among the largest cryptos, rising 0.04% to $133.81.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.66%

fell 1.36% to $55.20, while MicroStrategy Inc.
MSTR,
-2.34%

sank 0.87% to $248.04. Riot Platforms Inc.
RIOT,
-2.17%

shares sank 0.15% to $6.47, and shares of Marathon Digital Holdings Inc.
MARA,
-1.33%

shed 1.33% to $8.88.

Overstock.com Inc.
OSTK,
-0.75%

fell 1.39% to $21.95, while Block Inc.
SQ,
-1.14%

sank 0.94% to $80.89 and Tesla Inc.
TSLA,
-1.18%

rose 0.26% to $144.12.

PayPal Holdings Inc.
PYPL,
-0.35%

climbed 0.24% to $79.69, and Ebang International Holdings Inc.
EBON,
+4.13%

shares rallied 5.24% to $9.64. NVIDIA Corp.
NVDA,
-0.13%

inched down 0.44% to $191.10, and Advanced Micro Devices Inc.
AMD,
-2.80%

declined 0.24% to $74.49.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.21%

dropped 1.10% to $18.81. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.82%
,
which is focused on pure-play crypto companies, declined 1.24% to $5.58. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.73% to $12.19.


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.