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Most big cryptocurrencies fall on Cardano, Litecoin drops


Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Cardano
ADAUSD,
-4.75%
seeing the biggest change, declining 6.13% to $1.43.

Seven additional currencies posted drops Tuesday. Litecoin
LTCUSD,
-4.54%
fell 5.33% to $139.64, and Polkadot
DOTUSD,
-2.95%
shed 3.29% to $24.53.

Dogecoin
DOGEUSD,
-2.48%
shed 3.29% to 16 cents, while Ripple
XRPUSD,
-1.22%
declined 1.73% to 74 cents. Ethereum
ETHUSD,
-1.65%
shed 1.54% to $3,119.85.

Uniswap
UNIUSD,
-1.47%
and Bitcoin
BTCUSD,
-0.39%
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,
+0.96%
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,
-2.94%
declined 3.58% to $221.80, while MicroStrategy Inc.
MSTR,
-3.82%
declined 3.94% to $479.89. Riot Blockchain Inc.
RIOT,
-5.42%
shares shed 6.33% to $19.37, and shares of Marathon Digital Holdings Inc.
MARA,
-4.86%
shed 5.25% to $27.09.

Overstock.com Inc.
OSTK,
-2.12%
dropped 2.34% to $48.00, while Block Inc.
SQ,
+0.54%
sank 0.33% to $132.85 and Tesla Inc.
TSLA,
-0.04%
slid 0.75% to $1,041.69.

PayPal Holdings Inc.
PYPL,
-0.98%
inched down 0.72% to $177.14, and Ebang International Holdings Inc. Cl A
EBON,
+0.10%
shares dropped 3.57% to 96 cents. NVIDIA Corp.
NVDA,
-2.87%
shed 2.59% to $262.43, and Advanced Micro Devices Inc.
AMD,
-1.86%
fell 0.72% to $134.05.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.46%
shed 4.00% to $36.05. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.95%,
which is focused on pure-play crypto companies, dropped 5.12% to $18.20. Grayscale Bitcoin Trust
GBTC,
-5.42%,
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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