Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash
seeing the biggest move, falling 2.97% to $181.92.
Seven additional currencies posted reductions Wednesday. Litecoin
shed 2.95% to $63.08, and Ripple
declined 2.73% to 40 cents.
declined 2.73% to $5.19, while Bitcoin
declined 1.80% to $30,776.28. Dogecoin
declined 1.35% to 8 cents.
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
posted the only increase among the largest cryptos, rising 4.43% to 66 cents.
In crypto-related company news, shares of Coinbase Global Inc.
climbed 3.95% to $72.32, while MicroStrategy Inc.
increased 1.77% to $244.25. Riot Blockchain Inc.
shares climbed 2.79% to $6.34, and shares of Marathon Digital Holdings Inc.
climbed 3.91% to $9.03.
rose 5.37% to $33.15, while Block Inc.
rose 2.84% to $87.00 and Tesla Inc.
climbed 3.64% to $742.78.
PayPal Holdings Inc.
rose 0.44% to $88.98, and Ebang International Holdings Inc. Cl A
shares increased 5.01% to 81 cents. NVIDIA Corp.
increased 1.12% to $191.34, and Advanced Micro Devices Inc.
slid 0.44% to $105.21.
In the fund space, the Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, rallied 2.60% to $8.43. Blockchain-focused Amplify Transformational Data Sharing ETF
climbed 1.33% to $22.81. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, shed 2.08% to $19.80.