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Sunday, June 26, 2022

Largest cryptocurrencies drop on Polkadot, Uniswap declines

All of the largest cryptocurrencies were down during morning trading on Tuesday, with Polkadot
DOTUSD
seeing the biggest move, declining 6.63% to $29.33.

Uniswap
UNIUSD
fell 6.10% to $18.19, and Ripple
XRPUSD
dropped 5.64% to 89 cents.

Dogecoin
DOGEUSD
shed 5.64% to 18 cents on Tuesday, while Bitcoin Cash
BCHUSD
dropped 4.06% to $450.89 and Litecoin
LTCUSD
fell 4.38% to $151.99.

Bitcoin
BTCUSD
and Ethereum
ETHUSD
fell 3.74% to $49,087.42 and 3.71% to $3,910.70

Cardano
ADAUSD
rounded out the decreases with a 2.33% decline to $1.50.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 4.21% to $268.46, while MicroStrategy Inc.
MSTR
declined 3.50% to $587.00. Riot Blockchain Inc.
RIOT
shares shed 4.80% to $24.61, and shares of Marathon Digital Holdings Inc.
MARA
dropped 6.60% to $36.80.

Overstock.com Inc.
OSTK
rallied 2.06% to $62.31, while Block Inc.
SQ
sank 0.28% to $168.00 and Tesla Inc.
TSLA
climbed 0.05% to $1,094.51.

PayPal Holdings Inc.
PYPL
rose 0.30% to $192.58, and Ebang International Holdings Inc. Cl A
EBON
shares fell 2.53% to $1.16. NVIDIA Corp.
NVDA
sank 0.39% to $308.23, and Advanced Micro Devices Inc.
AMD
climbed 0.30% to $154.70.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 1.62% to $48.24. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 2.38% to $22.77. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 4.82% to $37.40.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

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