Litecoin leads way as most big cryptocurrencies post drops

Published: March 7, 2023 at 10:00 a.m. ET

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Litecoin Litecoin USD seeing the biggest change, declining 2.28% to $85.69.

Six additional currencies posted reductions Tuesday. Cardano Cardano USD declined 1.48% to 33 cents, and Polkadot Polkadot USD fell 1.36% to $5.84.

Dogecoin Dogecoin USD inched down…

Most of the largest cryptocurrencies were down during morning trading on Tuesday, with Litecoin

LTCUSD

seeing the biggest change, declining 2.28% to $85.69.

Six additional currencies posted reductions Tuesday. Cardano

ADAUSD

declined 1.48% to 33 cents, and Polkadot

DOTUSD

fell 1.36% to $5.84.

Dogecoin

DOGEUSD

inched down 1.36% to 7 cents, while Bitcoin

BTCUSD

slid 0.41% to $22,313.60. Bitcoin Cash

BCHUSD

sank 0.31% to $123.27.

Ethereum

ETHUSD,

which posted the smallest decrease, slid 0.25% to $1,562.43

On the other hand, two cryptos posted increases, with Ripple

XRPUSD

seeing the largest rise at 1.41% to 38 cents. Uniswap

UNIUSD

rose 0.38% to $6.37.

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

COIN

shed 1.74% to $61.68, while MicroStrategy Inc.

MSTR

declined 1.45% to $234.00. Riot Platforms Inc.

RIOT

shares inched down 0.95% to $6.31, and shares of Marathon Digital Holdings Inc.

MARA

shed 1.74% to $6.21.

Overstock.com Inc.

OSTK

slipped 0.05% to $18.74, while Block Inc.

SQ

slipped 0.48% to $80.42 and Tesla Inc.

TSLA

dropped 2.25% to $189.44.

PayPal Holdings Inc.

PYPL

inched down 0.46% to $76.43, and Ebang International Holdings Inc.

EBON

shares rose 0.65% to $6.94. NVIDIA Corp.

NVDA

climbed 0.68% to $237.10, and Advanced Micro Devices Inc.

AMD

climbed 0.46% to $81.53.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ,

which is focused on pure-play crypto companies, inched down 0.20% to $5.01. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

sank 0.33% to $17.86. Grayscale Bitcoin Trust

GBTC,

which tracks the Bitcoin market price, sank 0.13% to $11.76.


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.