Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
seeing the biggest move, declining 3.38% to $6.52.
Seven additional currencies posted reductions Wednesday. Dogecoin
shed 3.35% to 6 cents, and Litecoin
fell 3.19% to $53.75.
dropped 3.19% to $6.31, while Ethereum
declined 2.83% to $1,323.54. Cardano
dropped 2.50% to 43 cents.
and Bitcoin Cash
rounded out the decreases for Wednesday, dropping 2.01% to $19,941.91 and 1.75% to $119.94, respectively.
On the other hand, Ripple
posted the only increase among the largest cryptos, rising 0.10% to 48 cents.
In crypto-related company news, shares of Coinbase Global Inc.
shed 3.95% to $71.56, while MicroStrategy Inc.
fell 3.71% to $239.50. Riot Blockchain Inc.
shares declined 4.53% to $7.25, and shares of Marathon Digital Holdings Inc.
shed 4.58% to $12.29.
declined 3.81% to $25.75, while Block Inc.
dropped 2.66% to $60.75 and Tesla Inc.
declined 3.59% to $240.49.
PayPal Holdings Inc.
sank 0.26% to $92.54, and Ebang International Holdings Inc. Cl A
shares declined 1.71% to 42 cents. NVIDIA Corp.
declined 3.03% to $127.68, and Advanced Micro Devices Inc.
fell 0.26% to $65.19.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
declined 2.07% to $19.62. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 3.33% to $6.87. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 2.40% to $11.81.