Ripple leads way as largest cryptocurrencies drop

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Ripple
XRPUSD
seeing the biggest change, declining 6.57% to 49 cents.

Uniswap
UNIUSD
shed 5.09% to $6.04, and Cardano
ADAUSD
declined 3.88% to 40 cents.

Litecoin
LTCUSD
dropped 3.88% to $51.65 on Tuesday, while Ethereum
ETHUSD
declined 2.59% to $1,273.57 and Polkadot
DOTUSD
fell 2.95% to $6.17.

Bitcoin Cash
BCHUSD
and Dogecoin
DOGEUSD
fell 2.42% to $110.88 and 1.40% to 6 cents

Bitcoin
BTCUSD
posted the smallest drop with a 0.94% decline to $19,062.53.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
slipped 0.36% to $66.80, while MicroStrategy Inc.
MSTR
dropped 2.44% to $215.27. Riot Blockchain Inc.
RIOT
shares declined 5.63% to $6.03, and shares of Marathon Digital Holdings Inc.
MARA
declined 5.38% to $10.18.

Overstock.com Inc.
OSTK
declined 4.35% to $25.05, while Block Inc.
SQ
fell 6.13% to $53.15 and Tesla Inc.
TSLA
dropped 1.01% to $220.71.

PayPal Holdings Inc.
PYPL
declined 5.09% to $80.22, and Ebang International Holdings Inc. Cl A
EBON
shares slipped 0.74% to 36 cents. NVIDIA Corp.
NVDA
dropped 2.66% to $113.59, and Advanced Micro Devices Inc.
AMD
declined 5.09% to $56.39.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
shed 2.23% to $18.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 2.76% to $6.00. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.71% to $11.25.


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.