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Most large cryptocurrencies fall on Ripple, Cardano drops


Published: Oct. 10, 2023 at 10:00 a.m. ET

Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple XRP USD seeing the biggest move, shedding 1.41% to 50 cents.

Seven additional currencies posted reductions Tuesday. Cardano Cardano USD inched down 0.93% to 25 cents, and Polygon Polygon USD inched down 0.74% to 52 cents.

Bitcoin Bitcoin USD slid 0.74% to…

Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple

XRPUSD

seeing the biggest move, shedding 1.41% to 50 cents.

Seven additional currencies posted reductions Tuesday. Cardano

ADAUSD

inched down 0.93% to 25 cents, and Polygon

MATICUSD

inched down 0.74% to 52 cents.

Bitcoin

BTCUSD

slid 0.74% to $27,399.90, while Polkadot

DOTUSD

inched down 0.45% to $3.82. Dogecoin

DOGEUSD

slid 0.14% to 6 cents.

Ethereum

ETHUSD

and Uniswap

UNIUSD

rounded out the decreases for Tuesday, dropping 0.11% to $1,575.24 and 0.02% to $4.11, respectively.

On the other hand, Solana

SOLUSD

posted the only increase among the largest cryptos, rising 0.45% to $22.20.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

climbed 0.04% to $79.14, while MicroStrategy Inc.

MSTR

inched down 0.04% to $340.32. Riot Platforms Inc.

RIOT

shares sank 0.10% to $10.16, and shares of Marathon Digital Holdings Inc.

MARA

climbed 1.97% to $8.53.

Overstock.com Inc.

OSTK

climbed 6.01% to $17.11, while Block Inc.

SQ

climbed 3.91% to $45.42 and Tesla Inc.

TSLA

climbed 2.34% to $265.75.

PayPal Holdings Inc.

PYPL

slid 0.51% to $57.67, and Ebang International Holdings Inc.

EBON

shares rose 1.24% to $7.32. NVIDIA Corp.

NVDA

rose 0.66% to $455.70, and Advanced Micro Devices Inc.

AMD

rose 0.76% to $107.78.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ,

which is focused on pure-play crypto companies, rose 0.70% to $6.71. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

climbed 0.65% to $20.24. Grayscale Bitcoin Trust

GBTC,

which tracks the Bitcoin market price, slipped 0.44% to $20.41.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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