Largest cryptocurrencies drop on Ripple, Bitcoin Cash declines

Cardano
ADAUSD,
-1.51%
and Bitcoin
BTCUSD,
-1.50%
fell 1.62% to 40 cents and 1.01% to $20,478.31

Polkadot
DOTUSD,
+0.14%
posted the smallest drop with a 0.34% decline to $6.62.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-7.22%
shed 1.76% to $70.80, while MicroStrategy Inc.
MSTR,
-4.18%
fell 3.26% to $270.86. Riot Blockchain Inc.
RIOT,
-1.91%
shares dropped 2.55% to $6.87, and shares of Marathon Digital Holdings Inc.
MARA,
-5.52%
shed 1.73% to $13.61.

Overstock.com Inc.
OSTK,
-6.24%
shed 3.44% to $24.14, while Block Inc.
SQ,
-1.13%
rose 0.13% to $61.37 and Tesla Inc.
TSLA,
-0.18%
fell 1.72% to $224.60.

PayPal Holdings Inc.
PYPL,
-3.08%
declined 2.08% to $84.46, and Ebang International Holdings Inc. Cl A
EBON,
+3.99%
shares climbed 0.60% to 30 cents. NVIDIA Corp.
NVDA,
-2.31%
shed 2.14% to $135.38, and Advanced Micro Devices Inc.
AMD,
-3.31%
declined 2.08% to $60.58.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.33%
declined 1.54% to $19.24. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.89%,
which is focused on pure-play crypto companies, fell 2.01% to $6.32. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.08% to $12.05.

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.