Bitcoin Cash leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash
BCHUSD
seeing the biggest move, falling 2.97% to $181.92.

Seven additional currencies posted reductions Wednesday. Litecoin
LTCUSD
shed 2.95% to $63.08, and Ripple
XRPUSD
declined 2.73% to 40 cents.

Uniswap
UNIUSD
declined 2.73% to $5.19, while Bitcoin
BTCUSD
declined 1.80% to $30,776.28. Dogecoin
DOGEUSD
declined 1.35% to 8 cents.

Polkadot
DOTUSD
and Ethereum
ETHUSD
rounded out the decreases for Wednesday, dropping 1.26% to $9.22 and 1.05% to $1,825.41, respectively.

On the other hand, Cardano
ADAUSD
posted the only increase among the largest cryptos, rising 4.43% to 66 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
climbed 3.95% to $72.32, while MicroStrategy Inc.
MSTR
increased 1.77% to $244.25. Riot Blockchain Inc.
RIOT
shares climbed 2.79% to $6.34, and shares of Marathon Digital Holdings Inc.
MARA
climbed 3.91% to $9.03.

Overstock.com Inc.
OSTK
rose 5.37% to $33.15, while Block Inc.
SQ
rose 2.84% to $87.00 and Tesla Inc.
TSLA
climbed 3.64% to $742.78.

PayPal Holdings Inc.
PYPL
rose 0.44% to $88.98, and Ebang International Holdings Inc. Cl A
EBON
shares increased 5.01% to 81 cents. NVIDIA Corp.
NVDA
increased 1.12% to $191.34, and Advanced Micro Devices Inc.
AMD
slid 0.44% to $105.21.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 2.60% to $8.43. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
climbed 1.33% to $22.81. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.08% to $19.80.


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.