Cardano leads increases as largest cryptocurrencies start mixed

The largest cryptocurrencies were mixed during morning trading on Tuesday, with Cardano
ADAUSD,
+14.41%

seeing the biggest move, jumping 13.14% to 62 cents.

Polkadot
DOTUSD,
-3.16%

led the decreases with a 3.55% drop to $10.14.

Four other cryptocurrencies saw increases Tuesday. Uniswap
UNIUSD,
+2.78%

rose 1.75% to $5.63, and Bitcoin Cash
BCHUSD,
+1.18%

climbed 1.39% to $194.56.

Ripple
XRPUSD,
+1.10%

and Bitcoin
BTCUSD,
+0.97%

rounded out the increases, ticking up 0.38% to 41 cents and 0.19% to $31,330.00.

In addition to Polkadot, three other currencies posted reductions. Dogecoin
DOGEUSD,
-2.21%

declined 2.60% to 8 cents, and Litecoin
LTCUSD,
-0.41%

fell 1.00% to $67.24.

Ethereum
ETHUSD,
+0.12%
,
which rounded out the decreases, slipped 0.56% to $1,941.29.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.57%

rose 4.59% to $78.78, while MicroStrategy Inc.
MSTR,
+13.36%

increased 8.12% to $237.21. Riot Blockchain Inc.
RIOT,
+0.28%

shares climbed 0.97% to $7.31, and shares of Marathon Digital Holdings Inc.
MARA,
+1.56%

climbed 1.59% to $10.43.

Overstock.com Inc.
OSTK,
-3.50%

declined 3.06% to $31.32, while Block Inc.
SQ,
-2.11%

shed 3.19% to $87.63 and Tesla Inc.
TSLA,
-1.04%

fell 1.23% to $750.25.

PayPal Holdings Inc.
PYPL,
-1.28%

fell 1.44% to $83.98, and Ebang International Holdings Inc. Cl A
EBON,
+2.28%

shares rose 0.84% to 77 cents. NVIDIA Corp.
NVDA,
-0.15%

shed 1.32% to $185.63, and Advanced Micro Devices Inc.
AMD,
+0.60%

slid 1.44% to $101.33.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+6.13%
,
which is focused on pure-play crypto companies, rallied 5.17% to $8.75. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.62%

increased 1.37% to $23.02. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 7.44% to $20.37.


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.

This news is republished from another source. You can check the original article here.

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