Dogecoin leads way as largest cryptocurrencies decrease

Polkadot
DOTUSD,
+2.88%
and Ripple
XRPUSD,
+2.40%
fell 11.97% to $6.79 and 11.12% to 31 cents

Cardano
ADAUSD,
+2.37%
rounded out the decreases with a 10.64% decline to 46 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.33%
plunged 13.78% to $50.62, while MicroStrategy Inc.
MSTR,
+3.88%
cratered 24.99% to $152.55. Riot Blockchain Inc.
RIOT,
+2.65%
shares plunged 12.28% to $4.54, and shares of Marathon Digital Holdings Inc.
MARA,
+0.61%
plunged 13.40% to $6.53.

Overstock.com Inc.
OSTK,
+4.46%
shed 5.32% to $29.17, while Block Inc.
SQ,
+1.74%
declined 9.52% to $65.03 and Tesla Inc.
TSLA,
+1.72%
dropped 5.39% to $659.11.

PayPal Holdings Inc.
PYPL,
+2.34%
fell 4.59% to $75.66, and Ebang International Holdings Inc. Cl A
EBON,
-16.27%
shares plunged 12.27% to 66 cents. NVIDIA Corp.
NVDA,
+1.79%
declined 5.63% to $160.18, and Advanced Micro Devices Inc.
AMD,
-0.59%
shed 4.59% to $89.85.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.05%
dropped 8.34% to $19.12. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.99%,
which is focused on pure-play crypto companies, tumbled 14.31% to $6.26. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, tumbled 17.77% to $15.36.

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.