Cardano leads increases as largest cryptocurrencies start mixed

The largest cryptocurrencies were mixed during morning trading on Tuesday, with Cardano
ADAUSD
seeing the biggest move, jumping 13.14% to 62 cents.

Polkadot
DOTUSD
led the decreases with a 3.55% drop to $10.14.

Four other cryptocurrencies saw increases Tuesday. Uniswap
UNIUSD
rose 1.75% to $5.63, and Bitcoin Cash
BCHUSD
climbed 1.39% to $194.56.

Ripple
XRPUSD
and Bitcoin
BTCUSD
rounded out the increases, ticking up 0.38% to 41 cents and 0.19% to $31,330.00.

In addition to Polkadot, three other currencies posted reductions. Dogecoin
DOGEUSD
declined 2.60% to 8 cents, and Litecoin
LTCUSD
fell 1.00% to $67.24.

Ethereum
ETHUSD,
which rounded out the decreases, slipped 0.56% to $1,941.29.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
rose 4.59% to $78.78, while MicroStrategy Inc.
MSTR
increased 8.12% to $237.21. Riot Blockchain Inc.
RIOT
shares climbed 0.97% to $7.31, and shares of Marathon Digital Holdings Inc.
MARA
climbed 1.59% to $10.43.

Overstock.com Inc.
OSTK
declined 3.06% to $31.32, while Block Inc.
SQ
shed 3.19% to $87.63 and Tesla Inc.
TSLA
fell 1.23% to $750.25.

PayPal Holdings Inc.
PYPL
fell 1.44% to $83.98, and Ebang International Holdings Inc. Cl A
EBON
shares rose 0.84% to 77 cents. NVIDIA Corp.
NVDA
shed 1.32% to $185.63, and Advanced Micro Devices Inc.
AMD
slid 1.44% to $101.33.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 5.17% to $8.75. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
increased 1.37% to $23.02. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 7.44% to $20.37.


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.


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