Most big cryptocurrencies decline as Polkadot tumbles

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Polkadot
DOTUSD
seeing the biggest move, dropping 3.49% to $6.46.

Seven additional currencies posted reductions Tuesday. Uniswap
UNIUSD
shed 2.08% to $6.61, and Ripple
XRPUSD
shed 1.48% to 42 cents.

Ethereum
ETHUSD
shed 1.48% to $1,612.98, while Litecoin
LTCUSD
dropped 1.09% to $89.61. Cardano
ADAUSD
sank 0.67% to 37 cents.

Bitcoin
BTCUSD
and Dogecoin
DOGEUSD
rounded out the decreases for Tuesday, dropping 0.46% to $22,882.86 and 0.10% to 9 cents, respectively.

On the other hand, Bitcoin Cash
BCHUSD
posted the only increase among the largest cryptos, rising 0.04% to $133.81.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 1.36% to $55.20, while MicroStrategy Inc.
MSTR
sank 0.87% to $248.04. Riot Platforms Inc.
RIOT
shares sank 0.15% to $6.47, and shares of Marathon Digital Holdings Inc.
MARA
shed 1.33% to $8.88.

Overstock.com Inc.
OSTK
fell 1.39% to $21.95, while Block Inc.
SQ
sank 0.94% to $80.89 and Tesla Inc.
TSLA
rose 0.26% to $144.12.

PayPal Holdings Inc.
PYPL
climbed 0.24% to $79.69, and Ebang International Holdings Inc.
EBON
shares rallied 5.24% to $9.64. NVIDIA Corp.
NVDA
inched down 0.44% to $191.10, and Advanced Micro Devices Inc.
AMD
declined 0.24% to $74.49.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 1.10% to $18.81. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 1.24% to $5.58. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.73% to $12.19.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.