Ripple leads way as largest cryptocurrencies drop

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Ripple
XRPUSD,
-1.48%
seeing the biggest change, declining 6.57% to 49 cents.

Uniswap
UNIUSD,
+0.65%
shed 5.09% to $6.04, and Cardano
ADAUSD,
-0.18%
declined 3.88% to 40 cents.

Litecoin
LTCUSD,
+0.46%
dropped 3.88% to $51.65 on Tuesday, while Ethereum
ETHUSD,
+0.17%
declined 2.59% to $1,273.57 and Polkadot
DOTUSD,
+0.02%
fell 2.95% to $6.17.

Bitcoin Cash
BCHUSD,
+0.68%
and Dogecoin
DOGEUSD,
+1.21%
fell 2.42% to $110.88 and 1.40% to 6 cents

Bitcoin
BTCUSD,
+0.27%
posted the smallest drop with a 0.94% decline to $19,062.53.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+4.65%
slipped 0.36% to $66.80, while MicroStrategy Inc.
MSTR,
-1.94%
dropped 2.44% to $215.27. Riot Blockchain Inc.
RIOT,
-3.13%
shares declined 5.63% to $6.03, and shares of Marathon Digital Holdings Inc.
MARA,
-2.79%
declined 5.38% to $10.18.

Overstock.com Inc.
OSTK,
-0.19%
declined 4.35% to $25.05, while Block Inc.
SQ,
-5.60%
fell 6.13% to $53.15 and Tesla Inc.
TSLA,
-2.90%
dropped 1.01% to $220.71.

PayPal Holdings Inc.
PYPL,
-1.69%
declined 5.09% to $80.22, and Ebang International Holdings Inc. Cl A
EBON,
-3.50%
shares slipped 0.74% to 36 cents. NVIDIA Corp.
NVDA,
-0.72%
dropped 2.66% to $113.59, and Advanced Micro Devices Inc.
AMD,
-0.31%
declined 5.09% to $56.39.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.14%
shed 2.23% to $18.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.78%,
which is focused on pure-play crypto companies, declined 2.76% to $6.00. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.71% to $11.25.

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.