This article was automatically generated by MarketWatch using technology from Automated Insights.


All large cryptocurrencies were down during morning trading on Tuesday, with Polygon seeing the biggest move, tumbling 2.79% to 84 cents.

Solana shed 1.66% to $20.78, and Polkadot shed 1.65% to $5.25.

Ripple declined 1.65% to 42 cents on Tuesday, while Uniswap slid 0.70% to $5.10 and Bitcoin declined 1.35% to $26,984.70.

Ethereum and Dogecoin fell 0.67% to $1,814.00 and 0.67% to 7 cents

Cardano posted the smallest drop with a 0.43% decline to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc. dropped 2.35% to $59.34, while MicroStrategy Inc. inched down 0.77% to $280.33. Riot Platforms Inc. shares shed 2.45% to $10.81, and shares of Marathon Digital Holdings Inc. dropped 1.15% to $9.43.

Overstock.com Inc. fell 4.44% to $19.06, while Block Inc. shed 1.48% to $56.03 and Tesla Inc. sank 0.79% to $165.03.

PayPal Holdings Inc. inched down 0.98% to $61.64, and Ebang International Holdings Inc. shares dropped 1.26% to $5.47. NVIDIA Corp. climbed 1.10% to $292.71, and Advanced Micro Devices Inc. increased 3.47% to $100.78.

In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, rose 0.95% to $6.38. Blockchain-focused Amplify Transformational Data Sharing ETF sank 0.83% to $19.71. Grayscale Bitcoin Trust, which tracks the Bitcoin market price, sank 1.00% to $14.85.


Data source: Dow Jones Market Data, FactSet.


(END) Dow Jones Newswires

05-16-23 1016ET