Largest cryptocurrencies drop on Litecoin, Bitcoin Cash decreases

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Litecoin
LTCUSD,
-0.21%
seeing the biggest change, declining 9.80% to $237.60.

Bitcoin Cash
BCHUSD,
-1.48%
fell 8.59% to $612.39, and Uniswap
UNIUSD,
-0.27%
fell 8.41% to $22.03.

Dogecoin
DOGEUSD,
-0.07%
dropped 8.41% to 24 cents on Tuesday, while Ripple
XRPUSD,
+0.95%
shed 5.77% to $1.11 and Polkadot
DOTUSD,
+1.91%
shed 6.05% to $42.42.

Ethereum
ETHUSD,
-0.23%
and Bitcoin
BTCUSD,
+0.01%
fell 5.57% to $4,318.04 and 4.50% to $60,989.64

Cardano
ADAUSD,
-0.79%
posted the smallest drop with a 4.40% decline to $1.94.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.94%
shed 1.50% to $340.18, while MicroStrategy Inc.
MSTR,
-5.41%
dropped 3.70% to $765.60. Riot Blockchain Inc.
RIOT,
-12.33%
shares plunged 10.45% to $37.69, and shares of Marathon Digital Holdings Inc.
MARA,
-0.05%
dropped 1.93% to $54.33.

Overstock.com Inc.
OSTK,
+1.32%
declined 1.71% to $105.07, while Square Inc. Cl A
SQ,
+2.34%
rose 0.92% to $235.18 and Tesla Inc.
TSLA,
+4.08%
rose 2.26% to $1,036.28.

PayPal Holdings Inc.
PYPL,
+1.47%
rallied 1.28% to $215.26, and Ebang International Holdings Inc. Cl A
EBON,
-3.00%
shares declined 1.25% to $1.98. NVIDIA Corp.
NVDA,
+0.59%
inched down 0.45% to $298.91, and Advanced Micro Devices Inc.
AMD,
+4.07%
rose 1.28% to $147.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.52%
fell 2.29% to $59.35. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.88%,
which is focused on pure-play crypto companies, dropped 3.88% to $31.71. Grayscale Bitcoin Trust
GBTC,
-8.03%,
which tracks the Bitcoin market price, declined 3.71% to $49.28.


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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