Cryptocurrency Market Update

Most large cryptocurrencies experienced gains during morning trading on Tuesday. Polkadot (DOTUSD) saw the biggest increase, climbing 6.81% to $7.17.

The Winners

Seven additional currencies also posted increases on Tuesday:

• Cardano (ADAUSD) increased by 6.43% to 59 cents.
• Polygon (MATICUSD) rose by 6.22% to 89 cents.
• Uniswap (UNIUSD) increased by 3.19% to $6.28.
• Bitcoin (BTCUSD) climbed 0.95% to $41,464.40.
• Dogecoin (DOGEUSD) rose by 0.20% to 10 cents.
• Ripple (XRPUSD) saw a gain of 0.20% to 62 cents.
• Solana (SOLUSD) increased by 0.16% to $69.20.

The Loser

On the other hand, Ethereum (ETHUSD) posted the only drop, falling 0.24% to $2,207.33.

Company News

In crypto-related company news, the following stocks saw movements:

• Coinbase Global Inc. (COIN) climbed 0.25% to $138.37.
• MicroStrategy Inc. (MSTR) increased by 0.89% to $560.77.
• Riot Platforms Inc. (RIOT) shares slipped 0.11% to $14.01.
• Marathon Digital Holdings Inc. (MARA) rose by 0.41% to $14.71.
• Block Inc. (SQ) climbed 0.76% to $69.08.
• Tesla Inc. (TSLA) declined 1.57% to $235.97.
• PayPal Holdings Inc. (PYPL) declined 1.17% to $58.35.
• Ebang International Holdings Inc. (EBON) shares slipped 0.69% to $7.20.
• NVIDIA Corp. (NVDA) rose by 1.51% to $473.33.
• Advanced Micro Devices Inc. (AMD) rose by 0.13% to $134.58.

Fund Space

In the fund space, the following ETFs and trusts showed movement:

• The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, rose by 1.41% to $9.35.
• The Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose by 0.87% to $26.54.
• The Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, increased by 1.66% to $33.00.