Largest cryptocurrencies drop on Cardano, Ethereum declines

Bitcoin
BTCUSD,
-1.27%
and Litecoin
LTCUSD,
-0.55%
fell 2.03% to $22,434.25 and 1.61% to $86.60

Bitcoin Cash
BCHUSD,
-0.72%
posted the smallest drop with a 0.75% decline to $129.09.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.39%
fell 7.24% to $49.68, while MicroStrategy Inc.
MSTR,
-4.35%
dropped 5.50% to $233.89. Riot Platforms Inc.
RIOT,
-4.97%
shares fell 6.68% to $5.73, and shares of Marathon Digital Holdings Inc.
MARA,
-7.03%
dropped 9.38% to $7.98.

Overstock.com Inc.
OSTK,
-0.48%
shed 3.67% to $20.98, while Block Inc.
SQ,
-4.01%
declined 6.98% to $75.15 and Tesla Inc.
TSLA,
-0.54%
fell 3.49% to $138.88.

PayPal Holdings Inc.
PYPL,
-1.73%
shed 2.51% to $77.58, and Ebang International Holdings Inc.
EBON,
-7.26%
shares declined 5.17% to $8.49. NVIDIA Corp.
NVDA,
-1.87%
fell 1.98% to $188.83, and Advanced Micro Devices Inc.
AMD,
-1.62%
fell 2.73% to $72.66.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.55%
shed 3.15% to $18.12. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.50%,
which is focused on pure-play crypto companies, dropped 4.95% to $5.28. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 3.47% to $11.56.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.