Most large cryptocurrencies decrease on Polkadot, Uniswap drops

Most of the largest cryptocurrencies were down during afternoon trading on Tuesday, with Polkadot
DOTUSD,
-3.97%
seeing the biggest move, dropping 3.91% to $9.96.

Six additional currencies posted decreases Tuesday. Uniswap
UNIUSD,
-3.39%
fell 3.28% to $5.46, and Ripple
XRPUSD,
-2.76%
dropped 2.39% to 40 cents.

Dogecoin
DOGEUSD,
-2.60%
dropped 2.39% to 8 cents, while Cardano
ADAUSD,
-3.07%
declined 2.19% to 52 cents. Ethereum
ETHUSD,
-2.35%
shed 1.96% to $1,957.21.

Bitcoin Cash
BCHUSD,
-2.44%,
which posted the smallest decrease, fell 1.74% to $192.22

On the other hand, two cryptos posted increases, with Litecoin
LTCUSD,
-0.40%
seeing the largest rise at 0.22% to $69.59. Bitcoin
BTCUSD,
-0.14%
rose 0.11% to $29,321.08.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-8.44%
fell 7.62% to $61.06, while MicroStrategy Inc.
MSTR,
-8.09%
dropped 7.03% to $190.00. Riot Blockchain Inc.
RIOT,
-10.20%
shares fell 9.88% to $6.18, and shares of Marathon Digital Holdings Inc.
MARA,
-11.23%
tumbled 10.37% to $8.90.

Overstock.com Inc.
OSTK,
-7.66%
shed 6.83% to $25.36, while Block Inc.
SQ,
-8.99%
fell 8.03% to $76.71 and Tesla Inc.
TSLA,
-5.99%
dropped 5.42% to $638.34.

PayPal Holdings Inc.
PYPL,
-3.68%
fell 3.51% to $78.33, and Ebang International Holdings Inc. Cl A
EBON,
-2.87%
shares declined 2.04% to 71 cents. NVIDIA Corp.
NVDA,
-4.56%
declined 4.31% to $161.70, and Advanced Micro Devices Inc.
AMD,
-4.30%
shed 3.51% to $91.18.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-4.35%
dropped 4.05% to $21.08. The Bitwise Crypto Industry Innovators ETF
BITQ,
-6.42%,
which is focused on pure-play crypto companies, dropped 6.11% to $7.53. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 1.14% to $18.65.


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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