Uniswap leads way as largest cryptocurrencies slump

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Uniswap
UNIUSD,
-14.53%

seeing the biggest change, plunging 13.70% to $6.44.

Ethereum
ETHUSD,
-9.49%

shed 8.78% to $1,387.33, and Cardano
ADAUSD,
-8.09%

shed 8.11% to 46 cents.

Bitcoin Cash
BCHUSD,
-6.33%

declined 8.11% to $115.61 on Tuesday, while Polkadot
DOTUSD,
-6.32%

dropped 6.16% to $6.61 and Litecoin
LTCUSD,
-7.15%

dropped 6.39% to $52.74.

Dogecoin
DOGEUSD,
-6.24%

and Ripple
XRPUSD,
-5.72%

fell 5.70% to 6 cents and 5.56% to 33 cents

Bitcoin
BTCUSD,
-5.91%

posted the smallest drop with a 5.52% decline to $20,941.74.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-14.79%

plunged 11.53% to $59.34, while MicroStrategy Inc.
MSTR,
-10.10%

shed 7.50% to $245.91. Riot Blockchain Inc.
RIOT,
-8.41%

shares dropped 5.26% to $6.30, and shares of Marathon Digital Holdings Inc.
MARA,
-11.60%

declined 7.79% to $10.67.

Overstock.com Inc.
OSTK,
-4.11%

dropped 5.00% to $26.60, while Block Inc.
SQ,
-6.26%

declined 4.66% to $68.10 and Tesla Inc.
TSLA,
-4.01%

fell 1.78% to $790.99.

PayPal Holdings Inc.
PYPL,
-4.87%

fell 4.27% to $78.16, and Ebang International Holdings Inc. Cl A
EBON,
-10.20%

shares declined 5.09% to 48 cents. NVIDIA Corp.
NVDA,
-2.47%

fell 1.12% to $168.33, and Advanced Micro Devices Inc.
AMD,
-1.87%

slipped 4.27% to $87.27.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-4.10%

fell 2.76% to $20.41. The Bitwise Crypto Industry Innovators ETF
BITQ,
-7.50%
,
which is focused on pure-play crypto companies, declined 5.32% to $7.07. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 4.72% to $13.11.


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.