Declining Cryptocurrency Market

All major cryptocurrencies experienced a decline during morning trading on Tuesday. Let’s take a look at some of the notable changes:

Polygon (MATICUSD)

Polygon (MATICUSD) saw the largest decrease, falling 1.24% to 67 cents.

Dogecoin (DOGEUSD)

Dogecoin (DOGEUSD) sank 0.70% to 7 cents.

Ripple (XRPUSD)

Ripple (XRPUSD) inched down 0.62% to 63 cents.

Cardano (ADAUSD)

Cardano (ADAUSD) also experienced a decline of 0.62% and reached 29 cents.

Solana (SOLUSD)

Solana (SOLUSD) slightly decreased by 0.36% to $24.77.

Polkadot (DOTUSD)

Polkadot (DOTUSD) slipped 0.47% to $4.96.

Ethereum (ETHUSD) and Uniswap (UNIUSD)

Ethereum (ETHUSD) and Uniswap (UNIUSD) both fell, with Ethereum declining by 0.22% to $1,839.10 and Uniswap decreasing by 0.14% to $6.26.

Bitcoin (BTCUSD)

Bitcoin (BTCUSD) rounded out the decreases with a decline of 0.12% to $29,332.90.

In other news related to cryptocurrency companies:

  • Coinbase Global Inc. (COIN) saw a slight decline of 0.29% to $80.57.
  • MicroStrategy Inc. (MSTR) also experienced a decrease of 0.92% and reached $385.24.
  • Riot Platforms Inc. (RIOT) shares fell 2.73% to $14.26.
  • Marathon Digital Holdings Inc. (MARA) saw a decline of 3.20% to $14.51.
  • Overstock.com Inc. (OSTK) declined 2.74% to $30.84.
  • Block Inc. (SQ) declined 1.18% to $59.44.
  • Tesla Inc. (TSLA) dropped 1.61% to $235.90.
  • PayPal Holdings Inc. (PYPL) saw a decline of 2.59% to $61.63.
  • Ebang International Holdings Inc. (EBON) shares rallied 1.45% to $8.05.
  • NVIDIA Corp. (NVDA) rose 0.30% to $438.86.
  • Advanced Micro Devices Inc. (AMD) dropped 1.11% to $110.74.

In the fund space:

  • Amplify Transformational Data Sharing ETF (BLOK), which focuses on blockchain technology, slipped 0.85% to $23.22.
  • Bitwise Crypto Industry Innovators ETF (BITQ), which is dedicated to pure-play crypto companies, dropped 1.75% to $8.44.
  • Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, rose 1.42% to $20.41.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image