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Large cryptocurrencies fall as Uniswap tumbles

Published

October 17, 2023

All large cryptocurrencies were down during morning trading on Tuesday, with Uniswap
UNIUSD,
-6.67%
seeing the biggest move, declining 5.12% to $3.93.

Polkadot
DOTUSD,
-2.92%
dropped 2.56% to $3.69, and Cardano
ADAUSD,
-1.68%
declined 1.81% to 25 cents.

Dogecoin
DOGEUSD,
-1.73%
shed 1.81% to 6 cents on Tuesday, while Ripple
XRPUSD,
-0.69%
fell 1.37% to 49 cents and Polygon
MATICUSD,
-2.04%
shed 1.42% to 52 cents.

Ethereum
ETHUSD,
-1.53%
and Solana
SOLUSD,
+1.01%
fell 0.94% to $1,571.77 and 0.80% to $23.68

Bitcoin
BTCUSD,
+0.44%
rounded out the decreases with a 0.25% decline to $28,300.10.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.05%
increased 2.98% to $77.45, while MicroStrategy Inc.
MSTR,
+2.46%
rose 2.09% to $332.60. Riot Platforms Inc.
RIOT,
+2.07%
shares rose 0.42% to $9.46, and shares of Marathon Digital Holdings Inc.
MARA,
+3.70%
climbed 1.36% to $8.21.

Overstock.com Inc.
OSTK,
+3.16%
rose 1.25% to $17.47, while Block Inc.
SQ,
+2.47%
climbed 0.60% to $45.03 and Tesla Inc.
TSLA,
+0.24%
shed 1.88% to $249.16.

PayPal Holdings Inc.
PYPL,
+0.15%
slipped 0.25% to $56.86, and Ebang International Holdings Inc.
EBON,
+3.66%
shares dropped 1.02% to $6.97. NVIDIA Corp.
NVDA,
-4.76%
shed 6.53% to $430.87, and Advanced Micro Devices Inc.
AMD,
-1.49%
dropped 3.71% to $102.51.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.93%
slipped 0.19% to $19.95. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.65%,
which is focused on pure-play crypto companies, dropped 1.45% to $6.45. Grayscale Bitcoin Trust
GBTC,
+1.28%,
which tracks the Bitcoin market price, climbed 0.24% to $21.85.

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.

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