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All large cryptocurrencies were down during morning trading on Tuesday, with Solana seeing the biggest change, tumbling 9.23% to $181.69.
Dogecoin declined 8.64% to 13 cents, and Polygon fell 7.57% to 95 cents.
Polkadot shed 7.57% to $9.10 on Tuesday, while Ethereum shed 6.23% to $3,288.16 and Uniswap fell 7.32% to $10.92.
Cardano and Bitcoin fell 5.70% to 62 cents and 5.69% to $63,496.60
Ripple posted the smallest drop with a 1.78% decline to 60 cents.
In crypto-related company news, shares of Coinbase Global Inc. declined 7.72% to $221.12, while MicroStrategy Inc. tumbled 12.84% to $1,309.87. Riot Platforms Inc. shares fell 6.74% to $10.66, and shares of Marathon Digital Holdings Inc. shed 8.40% to $17.78.
Block Inc. shed 3.04% to $78.40 and Tesla Inc. declined 3.02% to $168.55.
PayPal Holdings Inc. fell 1.87% to $63.03, and Ebang International Holdings Inc. shares rose 0.33% to $9.25. NVIDIA Corp. fell 3.28% to $855.58, and Advanced Micro Devices Inc. fell 5.45% to $180.26.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF declined 3.55% to $32.99. The Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, dropped 5.95% to $11.06.
Data source: Dow Jones Market Data, FactSet.
(END) Dow Jones Newswires
03-19-24 1015ET
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