Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Litecoin
LTCUSD,
seeing the biggest move, dropping 5.87% to $48.24.
Six additional currencies posted drops Tuesday. Polkadot
DOTUSD,
declined 4.86% to $6.67, and Dogecoin
DOGEUSD,
declined 3.14% to 7 cents.
Bitcoin Cash
BCHUSD,
declined 3.14% to $102.83, while Cardano
ADAUSD,
shed 2.77% to 45 cents. Ripple
XRPUSD,
fell 2.49% to 32 cents.
Ethereum
ETHUSD,
which posted the smallest decrease, declined 2.37% to $1,093.94
On the other hand, Bitcoin
BTCUSD,
posted the only increase among the largest cryptos, rising 0.00% to $19,531.85.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 2.00% to $48.06, while MicroStrategy Inc.
MSTR,
sank 0.46% to $166.00. Riot Blockchain Inc.
RIOT,
shares fell 3.18% to $4.11, and shares of Marathon Digital Holdings Inc.
MARA,
declined 4.87% to $5.27.
Overstock.com Inc.
OSTK,
declined 3.40% to $25.28, while Block Inc.
SQ,
shed 3.97% to $61.37 and Tesla Inc.
TSLA,
fell 4.28% to $652.60.
PayPal Holdings Inc.
PYPL,
shed 2.87% to $69.35, and Ebang International Holdings Inc. Cl A
EBON,
shares fell 2.19% to 42 cents. NVIDIA Corp.
NVDA,
fell 1.97% to $142.37, and Advanced Micro Devices Inc.
AMD,
shed 2.87% to $72.46.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 2.11% to $17.99. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.49% to $5.49. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.29% to $12.22.
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.
