Large Cryptocurrencies Show Mixed Performance

During morning trading on Tuesday, the cryptocurrency market experienced mixed performance. The biggest move was seen in Uniswap (UNIUSD), which rose by 2.16% to reach $6.82. On the other hand, Polkadot (DOTUSD) led the decreases with a drop of 1.22% to $7.45.

Increases and Decreases in Other Cryptocurrencies

In addition to Uniswap, two other cryptocurrencies saw increases on Tuesday. Solana (SOLUSD) climbed by 1.74% to $96.07, while Cardano (ADAUSD) rose by 1.00% to 53 cents. Ethereum (ETHUSD), however, experienced the smallest increase, climbing by 0.43% to $2,531.99.

Apart from Polkadot, four other currencies posted declines. Ripple (XRPUSD) dropped 1.11% to 57 cents, while Polygon (MATICUSD) inched down 0.72% to 84 cents. Bitcoin (BTCUSD) and Dogecoin (DOGEUSD) also recorded declines, falling by 0.16% to $42,656.10 and 0.08% to 8 cents, respectively.

There were several notable developments in crypto-related company news. Shares of Coinbase Global Inc. (COIN) climbed by 1.34% to $132.53, while MicroStrategy Inc. (MSTR) shed 1.18% to $479.79. Riot Platforms Inc. (RIOT) saw a decline of 1.86% to $11.51, and Marathon Digital Holdings Inc. (MARA) declined by 3.79% to $18.26.

Block Inc. (SQ) shed 2.59% to $64.76, while Tesla Inc. (TSLA) experienced a slight decrease of 0.02% to $218.84. PayPal Holdings Inc. (PYPL) dropped 3.54% to $58.84, and Ebang International Holdings Inc. (EBON) held steady at $9.48. NVIDIA Corp. (NVDA) increased by 1.69% to $556.35, and Advanced Micro Devices Inc. (AMD) rose by 4.89% to $153.73.

Market Data

In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) dropped 1.20% to $27.06. The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, shed 3.01% to $9.20.

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