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Large cryptocurrencies fall as Solana declines

All large cryptocurrencies were down during morning trading on Wednesday, with Solana
SOLUSD,
-1.03%
seeing the biggest change, tumbling 4.98% to $19.08.

Dogecoin
DOGEUSD,
-1.16%
dropped 3.54% to 7 cents, and Uniswap
UNIUSD,
-0.38%
dropped 3.35% to $4.90.

Ripple
XRPUSD,
-1.07%
shed 3.35% to 45 cents on Wednesday, while Bitcoin
BTCUSD,
-0.56%
shed 2.82% to $26,449.70 and Ethereum
ETHUSD,
-0.47%
fell 2.84% to $1,802.26.

Polkadot
DOTUSD,
-0.71%
and Polygon
MATICUSD,
-0.62%
fell 2.74% to $5.24 and 2.68% to 86 cents

Cardano
ADAUSD,
-0.90%
rounded out the decreases with a 2.24% decline to 36 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.25%
fell 3.16% to $57.23, while MicroStrategy Inc.
MSTR,
-1.69%
shed 2.95% to $280.79. Riot Platforms Inc.
RIOT,
-0.09%
shares dropped 4.74% to $10.75, and shares of Marathon Digital Holdings Inc.
MARA,
+1.18%
shed 3.27% to $9.02.

Overstock.com Inc.
OSTK,
+1.82%
dropped 1.87% to $17.27, while Block Inc.
SQ,
+0.49%
dropped 1.76% to $60.48 and Tesla Inc.
TSLA,
-1.54%
fell 3.15% to $179.91.

PayPal Holdings Inc.
PYPL,
-0.32%
declined 1.04% to $61.36, and Ebang International Holdings Inc.
EBON,
-2.66%
shares shed 5.79% to $6.02. NVIDIA Corp.
NVDA,
-0.49%
fell 1.63% to $301.89, and Advanced Micro Devices Inc.
AMD,
+0.14%
fell 1.01% to $107.03.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.21%
dropped 1.91% to $19.50. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.15%,
which is focused on pure-play crypto companies, fell 3.17% to $6.57. Grayscale Bitcoin Trust
GBTC,
-4.43%,
which tracks the Bitcoin market price, fell 1.79% to $14.07.


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.

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