Cryptocurrency Market Update
Most large cryptocurrencies experienced a decline on Tuesday morning, with Solana leading the way with a 4.58% drop to $107.64.
Top Losers
- Dogecoin (DOGE) dropped 4.12% to 9 cents
- Polkadot (DOT) dropped 2.90% to $7.70
- Uniswap (UNI) shed 2.90% to $7.52
- Cardano (ADA) shed 1.72% to 62 cents
- Polygon (MATIC) shed 1.46% to 98 cents
Other Declines for Tuesday
- Ethereum dropped 1.01% to $2,936.54
- Ripple dropped 0.04% to 56 cents
Bitcoin Bucks the Trend
Bitcoin was the only cryptocurrency among the largest ones that posted an increase, rising 0.24% to $52,015.70.
Crypto-Related Company News
- Coinbase Global Inc. (COIN) declined 4.13% to $172.86
- MicroStrategy Inc. (MSTR) rose 0.05% to $699.93
- Riot Platforms Inc. (RIOT) fell 1.88% to $16.14
- Marathon Digital Holdings Inc. (MARA) fell 4.44% to $25.75
- Block Inc. (SQ) slipped 0.41% to $65.37
- Tesla Inc. (TSLA) declined 3.57% to $192.81
- PayPal Holdings Inc. (PYPL) inched down 0.64% to $58.76
- Ebang International Holdings Inc. (EBON) shares rose 0.23% to $11.13
- NVIDIA Corp. (NVDA) declined 4.60% to $692.76
- Advanced Micro Devices Inc. (AMD) fell 4.23% to $166.51
Fund Space Update
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) fell 1.06% to $31.92, while the Bitwise Crypto Industry Innovators ETF (BITQ), focused on pure-play crypto companies, shed 2.48% to $11.40.