Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD
seeing the biggest change, shedding 3.33% to 31 cents.
Six additional currencies posted reductions Wednesday. Uniswap
UNIUSD
dropped 1.76% to $5.70, and Dogecoin
DOGEUSD
fell 1.23% to 8 cents.
Polkadot
DOTUSD
fell 1.23% to $4.89, while Ethereum
ETHUSD
inched down 0.53% to $1,332.66. Bitcoin
BTCUSD
inched down 0.41% to $17,403.37.
Bitcoin Cash
BCHUSD,
which posted the smallest decrease, slid 0.22% to $107.22
On the other hand, two cryptos posted increases, with Ripple
XRPUSD
seeing the largest rise at 5.67% to 37 cents. Litecoin
LTCUSD
climbed 0.20% to $81.70.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 1.43% to $42.61, while MicroStrategy Inc.
MSTR
increased 1.09% to $192.07. Riot Platforms Inc.
RIOT
shares increased 1.12% to $5.70, and shares of Marathon Digital Holdings Inc.
MARA
rallied 3.97% to $5.98.
Overstock.com Inc.
OSTK
climbed 1.84% to $20.53, while Block Inc.
SQ
rallied 1.27% to $70.92 and Tesla Inc.
TSLA
rose 2.89% to $122.28.
PayPal Holdings Inc.
PYPL
rose 0.15% to $78.04, and Ebang International Holdings Inc.
EBON
shares climbed 6.02% to $9.33. NVIDIA Corp.
NVDA
declined 1.30% to $157.02, and Advanced Micro Devices Inc.
AMD
rose 0.15% to $68.07.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
increased 1.44% to $16.86. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 0.85% to $4.38. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.02% to $9.68.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
