Large cryptocurrencies rise as Bitcoin increases

Posted by By News Room 2 Min Read

All large cryptocurrencies were up during morning trading on Tuesday, with Bitcoin
BTCUSD,
-0.68%
seeing the biggest move, climbing 4.73% to $26,271.10.

Ethereum
ETHUSD,
-1.02%
rose 4.42% to $1,608.36, while Cardano
ADAUSD,
-1.15%
rose 4.10% to 25 cents.

Solana
SOLUSD,
-0.89%
and Uniswap
UNIUSD,
-0.73%
increased 3.69% to $18.25 and 3.68% to $4.23, respectively.

Dogecoin
DOGEUSD,
-1.03%
rallied 1.93% to 6 cents, and Ripple
XRPUSD,
-1.56%
climbed 1.93% to 48 cents.

Polygon
MATICUSD,
-0.55%
and Polkadot
DOTUSD,
-0.99%
rounded out the increases for Tuesday, climbing 1.90% to 51 cents and 1.31% to $4.01, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.87%
climbed 5.89% to $85.37, while MicroStrategy Inc.
MSTR,
+1.48%
climbed 6.51% to $364.99. Riot Platforms Inc.
RIOT,
+3.94%
shares climbed 8.78% to $11.03, and shares of Marathon Digital Holdings Inc.
MARA,
+0.89%
rallied 6.16% to $10.69.

Overstock.com Inc.
OSTK,
-3.05%
declined 1.00% to $20.74, while Block Inc.
SQ,
+0.72%
increased 1.65% to $54.83 and Tesla Inc.
TSLA,
-2.23%
rose 1.13% to $276.67.

PayPal Holdings Inc.
PYPL,
+1.42%
rose 1.96% to $63.15, and Ebang International Holdings Inc.
EBON,
+1.64%
shares inched down 0.82% to $7.24. NVIDIA Corp.
NVDA,
-0.68%
rose 0.45% to $453.81, and Advanced Micro Devices Inc.
AMD,
-0.01%
inched down 0.18% to $105.13.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.99%,
which is focused on pure-play crypto companies, rose 6.97% to $7.52. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.76%
increased 2.73% to $21.61. Grayscale Bitcoin Trust
GBTC,
+3.27%,
which tracks the Bitcoin market price, increased 3.90% to $19.38.


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