Most large cryptocurrencies decrease on Polkadot, Uniswap drops

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Most of the largest cryptocurrencies were down during afternoon trading on Tuesday, with Polkadot DOTUSD,
-4.34%
seeing the biggest move, dropping 3.91% to $9.96.

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Six additional currencies posted decreases Tuesday. Uniswap UNIUSD,
-3.32%
fell 3.28% to $5.46, and Ripple XRPUSD,
-2.81%
dropped 2.39% to 40 cents.

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Dogecoin DOGEUSD,
-2.48%
dropped 2.39% to 8 cents, while Cardano ADAUSD,
-3.00%
declined 2.19% to 52 cents. Ethereum ETHUSD,
-2.45%
shed 1.96% to $1,957.21.

Bitcoin Cash BCHUSD,
-2.30%,
which posted the smallest decrease, fell 1.74% to $192.22

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On the other hand, two cryptos posted increases, with Litecoin LTCUSD,
-0.42%
seeing the largest rise at 0.22% to $69.59. Bitcoin BTCUSD,
-0.22%
rose 0.11% to $29,321.08.

In crypto-related company news, shares of Coinbase Global Inc. COIN,
-8.74%
fell 7.62% to $61.06, while MicroStrategy Inc. MSTR,
-8.50%
dropped 7.03% to $190.00. Riot Blockchain Inc. RIOT,
-10.36%
fell 9.88% to $6.18, and shares of Marathon Digital Holdings Inc. MARA,
-11.29%
tumbled 10.37% to $8.90.

Overstock.com Inc. OSTK,
-7.83%
shed 6.83% to $25.36, while Block Inc. SQ,
-8.81%
fell 8.03% to $76.71 and Tesla Inc. TSLA,
-6.11%
dropped 5.42% to $638.34.

PayPal Holdings Inc. PYPL,
-3.73%
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,
-4.73%
declined 4.31% to $161.70, and Advanced Micro Devices Inc. AMD,
-4.43%
shed 3.51% to $91.18.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK,
-4.05%
dropped 4.05% to $21.08. The Bitwise Crypto Industry Innovators ETF BITQ,
-6.46%,
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 Insightsan automation technology provider, using data from Dow Jones, FactSet and Kraken, See our market data terms of use.

Credit: www.marketwatch.com /

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