Largest cryptocurrencies drop on Polkadot, Uniswap declines

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Polkadot
DOTUSD
seeing the biggest move, declining 6.63% to $29.33.

Uniswap
UNIUSD
fell 6.10% to $18.19, and Ripple
XRPUSD
dropped 5.64% to 89 cents.

Dogecoin
DOGEUSD
shed 5.64% to 18 cents on Tuesday, while Bitcoin Cash
BCHUSD
dropped 4.06% to $450.89 and Litecoin
LTCUSD
fell 4.38% to $151.99.

Bitcoin
BTCUSD
and Ethereum
ETHUSD
fell 3.74% to $49,087.42 and 3.71% to $3,910.70

Cardano
ADAUSD
rounded out the decreases with a 2.33% decline to $1.50.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 4.21% to $268.46, while MicroStrategy Inc.
MSTR
declined 3.50% to $587.00. Riot Blockchain Inc.
RIOT
shares shed 4.80% to $24.61, and shares of Marathon Digital Holdings Inc.
MARA
dropped 6.60% to $36.80.

Overstock.com Inc.
OSTK
rallied 2.06% to $62.31, while Block Inc.
SQ
sank 0.28% to $168.00 and Tesla Inc.
TSLA
climbed 0.05% to $1,094.51.

PayPal Holdings Inc.
PYPL
rose 0.30% to $192.58, and Ebang International Holdings Inc. Cl A
EBON
shares fell 2.53% to $1.16. NVIDIA Corp.
NVDA
sank 0.39% to $308.23, and Advanced Micro Devices Inc.
AMD
climbed 0.30% to $154.70.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 1.62% to $48.24. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 2.38% to $22.77. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 4.82% to $37.40.


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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