Cryptocurrency

Large cryptocurrencies fall as Polygon drops – MarketWatch


Published: Dec. 19, 2023 at 10:00 a.m. ET

All large cryptocurrencies were down during morning trading on Tuesday, with Polygon Polygon USD seeing the biggest move, tumbling 3.28% to 77 cents.

Cardano Cardano USD dropped 3.09% to 58 cents, and Solana Solana USD shed 2.48% to $73.11.

Polkadot Polkadot USD declined 2.48% to $6.72 on Tuesday, while Ethereum Ethereum USD dropped 1.31%…

All large cryptocurrencies were down during morning trading on Tuesday, with Polygon

MATICUSD

seeing the biggest move, tumbling 3.28% to 77 cents.

Cardano

ADAUSD

dropped 3.09% to 58 cents, and Solana

SOLUSD

shed 2.48% to $73.11.

Polkadot

DOTUSD

declined 2.48% to $6.72 on Tuesday, while Ethereum

ETHUSD

dropped 1.31% to $2,186.75 and Dogecoin

DOGEUSD

declined 1.38% to 9 cents.

Ripple

XRPUSD

and Uniswap

UNIUSD

fell 0.99% to 60 cents and 0.93% to $5.86

Bitcoin

BTCUSD

rounded out the decreases with a 0.66% decline to $42,350.60.

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

COIN

rose 2.52% to $157.30, while MicroStrategy Inc.

MSTR

increased 2.21% to $584.53. Riot Platforms Inc.

RIOT

shares climbed 5.01% to $17.22, and shares of Marathon Digital Holdings Inc.

MARA

increased 7.20% to $21.31.

Block Inc.

SQ

rose 3.80% to $76.69 and Tesla Inc.

TSLA

rose 0.73% to $253.91.

PayPal Holdings Inc.

PYPL

rose 1.55% to $62.42, and Ebang International Holdings Inc.

EBON

shares rose 6.22% to $7.86. NVIDIA Corp.

NVDA

dropped 1.63% to $492.60, and Advanced Micro Devices Inc.

AMD

climbed 1.91% to $141.55.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, rose 4.85% to $11.13. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

rose 2.20% to $29.33. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, rose 1.04% to $34.90.


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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