Most of the largest cryptocurrencies were down during afternoon trading on Tuesday, with Polkadot
seeing the biggest move, dropping 3.91% to $9.96.
Six additional currencies posted decreases Tuesday. Uniswap
fell 3.28% to $5.46, and Ripple
dropped 2.39% to 40 cents.
dropped 2.39% to 8 cents, while Cardano
declined 2.19% to 52 cents. Ethereum
shed 1.96% to $1,957.21.
which posted the smallest decrease, fell 1.74% to $192.22
On the other hand, two cryptos posted increases, with Litecoin
seeing the largest rise at 0.22% to $69.59. Bitcoin
rose 0.11% to $29,321.08.
In crypto-related company news, shares of Coinbase Global Inc.
fell 7.62% to $61.06, while MicroStrategy Inc.
dropped 7.03% to $190.00. Riot Blockchain Inc.
shares fell 9.88% to $6.18, and shares of Marathon Digital Holdings Inc.
tumbled 10.37% to $8.90.
shed 6.83% to $25.36, while Block Inc.
fell 8.03% to $76.71 and Tesla Inc.
dropped 5.42% to $638.34.
PayPal Holdings Inc.
fell 3.51% to $78.33, and Ebang International Holdings Inc. Cl A
shares declined 2.04% to 71 cents. NVIDIA Corp.
declined 4.31% to $161.70, and Advanced Micro Devices Inc.
shed 3.51% to $91.18.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
dropped 4.05% to $21.08. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 6.11% to $7.53. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, rose 1.14% to $18.65.