Most big cryptocurrencies fall on Cardano, Litecoin drops

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Cardano
ADAUSD,
+3.79%
seeing the biggest change, declining 6.13% to $1.43.

Seven additional currencies posted drops Tuesday. Litecoin
LTCUSD,
+2.84%
fell 5.33% to $139.64, and Polkadot
DOTUSD,
+3.99%
shed 3.29% to $24.53.

Dogecoin
DOGEUSD,
+1.92%
shed 3.29% to 16 cents, while Ripple
XRPUSD,
+1.98%
declined 1.73% to 74 cents. Ethereum
ETHUSD,
+3.44%
shed 1.54% to $3,119.85.

Uniswap
UNIUSD,
+3.95%
and Bitcoin
BTCUSD,
+2.92%
rounded out the decreases for Tuesday, dropping 1.46% to $16.14 and 0.72% to $41,438.11, respectively.

On the other hand, Bitcoin Cash
BCHUSD,
+2.08%
posted the only increase among the largest cryptos, rising 1.10% to $378.65.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.13%
declined 3.58% to $221.80, while MicroStrategy Inc.
MSTR,
+3.77%
declined 3.94% to $479.89. Riot Blockchain Inc.
RIOT,
+5.88%
shares shed 6.33% to $19.37, and shares of Marathon Digital Holdings Inc.
MARA,
+6.16%
shed 5.25% to $27.09.

Overstock.com Inc.
OSTK,
+1.41%
dropped 2.34% to $48.00, while Block Inc.
SQ,
+3.20%
sank 0.33% to $132.85 and Tesla Inc.
TSLA,
+3.36%
slid 0.75% to $1,041.69.

PayPal Holdings Inc.
PYPL,
+2.03%
inched down 0.72% to $177.14, and Ebang International Holdings Inc. Cl A
EBON,
+7.43%
shares dropped 3.57% to 96 cents. NVIDIA Corp.
NVDA,
+0.60%
shed 2.59% to $262.43, and Advanced Micro Devices Inc.
AMD,
-0.65%
fell 0.72% to $134.05.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.48%
shed 4.00% to $36.05. The Bitwise Crypto Industry Innovators ETF
BITQ,
+4.32%,
which is focused on pure-play crypto companies, dropped 5.12% to $18.20. Grayscale Bitcoin Trust
GBTC,
+4.12%,
which tracks the Bitcoin market price, shed 4.98% to $29.01.


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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