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HomeMarketCardano leads declines as largest cryptocurrencies start mixed

Cardano leads declines as largest cryptocurrencies start mixed

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The largest cryptocurrencies were mixed during morning trading on Tuesday, with Polkadot
DOTUSD,
+1.79%
seeing the biggest move, rising 1.92% to $6.72.

Cardano
ADAUSD,
-0.38%
led the decreases with a 0.24% drop to 39 cents.

Four other cryptocurrencies saw increases Tuesday. Litecoin
LTCUSD,
+1.83%
rose 1.72% to $98.88, and Uniswap
UNIUSD,
+0.27%
rose 0.72% to $6.83.

Bitcoin
BTCUSD,
+0.24%
and Bitcoin Cash
BCHUSD,
+0.13%
rounded out the increases, ticking up 0.32% to $22,990.90 and 0.13% to $134.61.

In addition to Cardano, three other currencies posted reductions. Dogecoin
DOGEUSD,
-0.40%
slid 0.21% to 9 cents, and Ripple
XRPUSD,
-0.18%
sank 0.18% to 40 cents.

Ethereum
ETHUSD,
-0.14%,
which rounded out the decreases, sank 0.06% to $1,637.41.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.67%
dropped 5.91% to $70.18, while MicroStrategy Inc.
MSTR,
-1.54%
declined 1.79% to $277.00. Riot Platforms Inc.
RIOT,
-3.82%
shares fell 3.52% to $6.45, and shares of Marathon Digital Holdings Inc.
MARA,
-3.60%
fell 3.26% to $6.85.

Overstock.com Inc.
OSTK,
-1.11%
slipped 0.91% to $22.75, while Block Inc.
SQ,
-0.68%
slid 0.96% to $81.76 and Tesla Inc.
TSLA,
-0.60%
shed 1.07% to $192.68.

PayPal Holdings Inc.
PYPL,
-0.55%
inched down 0.78% to $81.69, and Ebang International Holdings Inc.
EBON,
+2.43%
shares climbed 3.15% to $8.27. NVIDIA Corp.
NVDA,
+1.47%
increased 1.01% to $213.02, and Advanced Micro Devices Inc.
AMD,
+0.04%
inched down 0.19% to $83.52.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.72%
inched down 0.72% to $19.36. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.90%,
which is focused on pure-play crypto companies, shed 1.90% to $5.93. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.25% to $11.90.


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.

Credit: marketwatch.com

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