<p>Most cryptocurrencies fell on Tuesday alongside traditional markets.</p> <p>Bitcoin and Ethereum were down up by 0.4% and 0.8%, respectively, and trading at around $6,640 and $1,200.</p> <p>The S&amp;P 500 fell by 0.5% and the Nasdaq 100 by 0.6%.</p> <p><img class="wp-image-198893 size-full aligncenter" src="https://www.tbstat.com/wp/uploads/2023/01/BTCUSD_2023-01-03_14-55-37.png" alt="" width="1960" height="1404" /></p> <p>Shares of Coinbase, which Cathie Wood’s Ark <a href="https://www.theblock.co/post/198487/bitcoin-ether-slip-with-s-ark-buys-coinbase-dip">bought last week</a>, were down 2.6%, while MicroStrategy's rose 0.9% and Galaxy Digital's by 1.3%</p> <p><img class="alignnone wp-image-198897 size-full" src="https://www.tbstat.com/wp/uploads/2023/01/COIN_2023-01-03_15-30-23.png" alt="" width="1960" height="1290" /></p> <p>Meanwhile, the Grayscale Ethereum Trust (ETHE) <a href="https://www.theblock.co/post/198848/ethe-record-discount-60">hit a record discount</a> of approximately 60%.</p> <p>The Grayscale Bitcoin Trust (GBTC) has also recently hit record lows and is currently trading at a discount of around 45%.</p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/crypto-markets/structured-products/premium-of-ethe/embed" title="ETHE Premium/Discount to NAV" width="100%"></iframe></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>