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Largest cryptocurrencies drop on Litecoin, Bitcoin Cash decreases

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All of the largest cryptocurrencies were down during morning trading on Tuesday, with Litecoin LTCUSD seeing the biggest change, declining 9.80% to $237.60.

Bitcoin Cash BCHUSD fell 8.59% to $612.39, and Uniswap UNIUSD fell 8.41% to $22.03.

Dogecoin DOGEUSD dropped 8.41% to 24 cents on Tuesday, while Ripple XRPUSD shed 5.77% to $1.11 and Polkadot DOTUSD shed 6.05% to $42.42.

Ethereum ETHUSD and Bitcoin BTCUSD fell 5.57% to $4,318.04 and 4.50% to $60,989.64

Cardano ADAUSD posted the smallest drop with a 4.40% decline to $1.94.

In crypto-related company news, shares of Coinbase Global Inc. COIN shed 1.50% to $340.18, while MicroStrategy Inc. MSTR dropped 3.70% to $765.60. Riot Blockchain Inc. RIOT shares plunged 10.45% to $37.69, and shares of Marathon Digital Holdings Inc. MARA dropped 1.93% to $54.33.

Overstock.com Inc. OSTK declined 1.71% to $105.07, while Square Inc. Cl A SQ rose 0.92% to $235.18 and Tesla Inc. TSLA rose 2.26% to $1,036.28.

PayPal Holdings Inc. PYPL rallied 1.28% to $215.26, and Ebang International Holdings Inc. Cl A EBON shares declined 1.25% to $1.98. NVIDIA Corp. NVDA inched down 0.45% to $298.91, and Advanced Micro Devices Inc. AMD rose 1.28% to $147.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK fell 2.29% to $59.35. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, dropped 3.88% to $31.71. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, declined 3.71% to $49.28.

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.

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