Uniswap leads way as most big cryptocurrencies post drops

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Uniswap
UNIUSD,
-1.91%

seeing the biggest change, shedding 1.94% to $6.27.

Seven additional currencies posted reductions Tuesday. Ripple
XRPUSD,
-1.43%

declined 1.94% to 47 cents, and Dogecoin
DOGEUSD,
+0.62%

declined 1.33% to 6 cents.

Cardano
ADAUSD,
-1.43%

declined 1.33% to 37 cents, while Polkadot
DOTUSD,
-0.72%

shed 1.06% to $6.15. Bitcoin Cash
BCHUSD,
-0.46%

fell 1.01% to $109.03.

Ethereum
ETHUSD,
-0.65%

and Litecoin
LTCUSD,
+0.06%

rounded out the decreases for Tuesday, dropping 0.64% to $1,321.92 and 0.04% to $51.70, respectively.

On the other hand, Bitcoin
BTCUSD,
-0.41%

posted the only increase among the largest cryptos, rising 0.04% to $19,534.80.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.28%

climbed 2.09% to $70.62, while MicroStrategy Inc.
MSTR,
+6.27%

increased 2.13% to $225.83. Riot Blockchain Inc.
RIOT,
-2.81%

shares rose 1.24% to $6.12, and shares of Marathon Digital Holdings Inc.
MARA,
-2.65%

climbed 0.15% to $11.71.

Overstock.com Inc.
OSTK,
+2.35%

rallied 5.36% to $25.55, while Block Inc.
SQ,
+2.41%

rallied 3.59% to $57.93 and Tesla Inc.
TSLA,
+0.38%

climbed 0.97% to $221.47.

PayPal Holdings Inc.
PYPL,
+0.74%

rallied 2.45% to $86.73, and Ebang International Holdings Inc. Cl A
EBON,
+7.24%

shares rallied 6.06% to 35 cents. NVIDIA Corp.
NVDA,
+0.66%

rallied 1.67% to $120.86, and Advanced Micro Devices Inc.
AMD,
-0.07%

climbed 2.45% to $58.26.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.81%

climbed 0.77% to $18.63. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.22%
,
which is focused on pure-play crypto companies, inched down 0.48% to $6.18. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slipped 0.26% to $11.43.


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.