Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Cardano
seeing the biggest move, sliding 0.91% to 26 cents.
On the other hand, Uniswap
posted the only increase among the largest cryptos, rising 0.44% to $5.20.
In crypto-related company news, shares of Coinbase Global Inc.
fell 5.72% to $33.46, while MicroStrategy Inc.
dropped 3.66% to $156.72. Riot Blockchain Inc.
shares declined 4.51% to $3.51, and shares of Marathon Digital Holdings Inc.
fell 5.11% to $3.44.
PayPal Holdings Inc.
fell 1.48% to $68.01, and Ebang International Holdings Inc.
shares fell 2.71% to $2.87. NVIDIA Corp.
declined 4.22% to $145.65, and Advanced Micro Devices Inc.
shed 1.48% to $63.32.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
declined 1.79% to $14.97. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, shed 3.98% to $3.28. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 2.34% to $8.14.