Published: Aug. 1, 2023 at 10:00 a.m. ET
Most large cryptocurrencies were down during morning trading on Tuesday, with Solana Solana USD seeing the biggest move, dropping 1.52% to $23.37.
Seven additional currencies posted drops Tuesday. Ripple XRP USD fell 1.44% to 69 cents, and Cardano Cardano USD shed 1.35% to 30 cents.
Bitcoin Bitcoin USD declined 1.35% to $28,866.60, while Ethereum…
Most large cryptocurrencies were down during morning trading on Tuesday, with Solana
seeing the biggest move, dropping 1.52% to $23.37.
Seven additional currencies posted drops Tuesday. Ripple
fell 1.44% to 69 cents, and Cardano
shed 1.35% to 30 cents.
declined 1.35% to $28,866.60, while Ethereum
declined 1.06% to $1,833.68. Uniswap
slid 0.73% to $6.42.
rounded out the decreases for Tuesday, dropping 0.53% to 68 cents and 0.16% to 8 cents, respectively.
On the other hand, Polkadot
posted the only increase among the largest cryptos, rising 0.07% to $5.09.
In crypto-related company news, shares of Coinbase Global Inc.
dropped 7.01% to $91.70, while MicroStrategy Inc.
shed 2.91% to $425.13. Riot Platforms Inc.
shares fell 4.72% to $17.65, and shares of Marathon Digital Holdings Inc.
shed 5.88% to $16.35.
declined 3.43% to $35.22, while Block Inc.
dropped 2.06% to $78.88 and Tesla Inc.
declined 1.55% to $263.29.
PayPal Holdings Inc.
shed 1.06% to $75.02, and Ebang International Holdings Inc.
shares slid 0.75% to $9.28. NVIDIA Corp.
fell 1.23% to $461.55, and Advanced Micro Devices Inc.
rose 0.51% to $114.98.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
dropped 2.49% to $25.42. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 5.07% to $9.54. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, declined 1.93% to $18.76.