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Cardano leads way as most big cryptocurrencies post decreases


Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Cardano
ADAUSD,
-3.44%
seeing the biggest change, tumbling 5.07% to $1.02.

Six additional currencies posted drops Tuesday. Litecoin
LTCUSD,
-1.41%
fell 3.17% to $106.44, and Uniswap
UNIUSD,
-0.05%
dropped 2.23% to $10.45.

Ripple
XRPUSD,
-1.00%
shed 2.23% to 60 cents, while Bitcoin Cash
BCHUSD,
-0.73%
shed 1.86% to $286.48. Ethereum
ETHUSD,
-0.27%
dropped 1.79% to $2,398.85.

Bitcoin
BTCUSD,
+0.09%,
which posted the smallest decrease, fell 1.45% to $36,315.43

On the other hand, two cryptos posted increases, with Polkadot
DOTUSD,
+3.29%
seeing the largest rise at 1.97% to $18.39. Dogecoin
DOGEUSD,
+2.29%
climbed 1.36% to 14 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.43%
fell 5.53% to $180.89, while MicroStrategy Inc.
MSTR,
-3.34%
fell 2.58% to $360.89. Riot Blockchain Inc.
RIOT,
-5.06%
shares fell 3.48% to $14.60, and shares of Marathon Digital Holdings Inc.
MARA,
-4.02%
shed 3.58% to $22.08.

Overstock.com Inc.
OSTK,
-5.03%
declined 5.57% to $40.72, while Block Inc.
SQ,
-6.37%
shed 4.33% to $112.22 and Tesla Inc.
TSLA,
-2.55%
slid 0.91% to $921.57.

PayPal Holdings Inc.
PYPL,
-3.77%
dropped 3.68% to $156.21, and Ebang International Holdings Inc. Cl A
EBON,
-5.37%
shares fell 3.12% to 80 cents. NVIDIA Corp.
NVDA,
-5.22%
fell 3.92% to $224.57, and Advanced Micro Devices Inc.
AMD,
-5.35%
fell 3.68% to $112.79.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-2.48%,
which is focused on pure-play crypto companies, dropped 3.09% to $14.64. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.00%
declined 3.40% to $30.96. Grayscale Bitcoin Trust
GBTC,
-2.26%,
which tracks the Bitcoin market price, dropped 1.72% to $25.45.


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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