Largest cryptocurrencies drop on Litecoin, Bitcoin Cash decreases

Ethereum
ETHUSD,
+1.05%
and Bitcoin
BTCUSD,
-0.10%
fell 5.57% to $4,318.04 and 4.50% to $60,989.64

Cardano
ADAUSD,
+0.45%
posted the smallest drop with a 4.40% decline to $1.94.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-9.66%
shed 1.50% to $340.18, while MicroStrategy Inc.
MSTR,
-7.05%
dropped 3.70% to $765.60. Riot Blockchain Inc.
RIOT,
-9.61%
shares plunged 10.45% to $37.69, and shares of Marathon Digital Holdings Inc.
MARA,
-5.78%
dropped 1.93% to $54.33.

Overstock.com Inc.
OSTK,
-5.43%
declined 1.71% to $105.07, while Square Inc. Cl A
SQ,
-4.96%
rose 0.92% to $235.18 and Tesla Inc.
TSLA,
-9.22%
rose 2.26% to $1,036.28.

PayPal Holdings Inc.
PYPL,
-2.03%
rallied 1.28% to $215.26, and Ebang International Holdings Inc. Cl A
EBON,
+0.29%
shares declined 1.25% to $1.98. NVIDIA Corp.
NVDA,
-4.45%
inched down 0.45% to $298.91, and Advanced Micro Devices Inc.
AMD,
-2.11%
rose 1.28% to $147.65.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.35%
fell 2.29% to $59.35. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.83%,
which is focused on pure-play crypto companies, dropped 3.88% to $31.71. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 3.71% to $49.28.

Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.