Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Dogecoin
seeing the biggest move, falling 3.54% to 15 cents.
On the other hand, Bitcoin Cash
posted the only increase among the largest cryptos, rising 0.12% to $313.91.
In crypto-related company news, shares of Coinbase Global Inc.
fell 3.17% to $130.85, while MicroStrategy Inc.
shed 2.45% to $417.51. Riot Blockchain Inc.
shares fell 5.89% to $11.33, and shares of Marathon Digital Holdings Inc.
declined 4.49% to $17.88.
PayPal Holdings Inc.
dropped 2.96% to $85.18, and Ebang International Holdings Inc. Cl A
shares shed 3.19% to 93 cents. NVIDIA Corp.
dropped 3.94% to $191.17, and Advanced Micro Devices Inc.
declined 2.96% to $87.33.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
declined 2.28% to $27.77. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, declined 3.24% to $12.77. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 1.36% to $28.23.