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Indebta > Investing > Polygon leads way as most big cryptocurrencies post declines
Investing

Polygon leads way as most big cryptocurrencies post declines

News Room
Last updated: 2023/08/23 at 7:19 AM
By News Room
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2 Min Read
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Most large cryptocurrencies were down during morning trading on Tuesday, with Polygon
MATICUSD,
+1.78%
seeing the biggest change, falling 4.97% to 53 cents.

Seven additional currencies posted reductions Tuesday. Uniswap
UNIUSD,
+2.11%
fell 3.08% to $4.67, and Cardano
ADAUSD,
+1.44%
fell 2.72% to 26 cents.

Solana
SOLUSD,
+2.08%
fell 2.72% to $20.85, while Ripple
XRPUSD,
+0.25%
shed 1.69% to 51 cents. Polkadot
DOTUSD,
+1.73%
fell 1.09% to $4.39.

Ethereum
ETHUSD,
+0.65%
and Bitcoin
BTCUSD,
+0.29%
rounded out the decreases for Tuesday, dropping 1.01% to $1,655.53 and 0.50% to $25,980.90, respectively.

On the other hand, Dogecoin
DOGEUSD,
+1.92%
posted the only increase among the largest cryptos, rising 0.02% to 6 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.50%
declined 1.35% to $74.27, while MicroStrategy Inc.
MSTR,
-1.71%
climbed 0.40% to $336.59. Riot Platforms Inc.
RIOT,
-1.68%
shares declined 1.63% to $10.56, and shares of Marathon Digital Holdings Inc.
MARA,
-0.90%
slipped 0.63% to $10.98.

Overstock.com Inc.
OSTK,
-4.43%
dropped 1.70% to $24.61, while Block Inc.
SQ,
-2.59%
dropped 1.69% to $56.59 and Tesla Inc.
TSLA,
+0.83%
increased 1.88% to $235.62.

PayPal Holdings Inc.
PYPL,
+2.47%
climbed 0.22% to $59.64, and Ebang International Holdings Inc.
EBON,
+0.62%
shares fell 1.19% to $7.63. NVIDIA Corp.
NVDA,
-2.77%
fell 1.09% to $464.55, and Advanced Micro Devices Inc.
AMD,
-2.37%
fell 1.00% to $107.14.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.09%
sank 0.24% to $21.11. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.39%,
which is focused on pure-play crypto companies, dropped 1.11% to $7.13. Grayscale Bitcoin Trust
GBTC,
-1.22%,
which tracks the Bitcoin market price, rose 0.41% to $17.28.


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.

Read the full article here

News Room August 23, 2023 August 23, 2023
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