Cryptocurrency Market Update

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.

Crypto-Related Company News

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.