Most large cryptocurrencies were up during morning trading on Wednesday, with Bitcoin
BTCUSD,
seeing the biggest move, rising 3.98% to $29,283.70.
Seven additional currencies posted increases Wednesday. Cardano
ADAUSD,
rose 3.59% to 28 cents, and Polygon
MATICUSD,
climbed 2.86% to 65 cents.
Ethereum
ETHUSD,
rallied 2.57% to $1,833.32, while Dogecoin
DOGEUSD,
rallied 2.09% to 6 cents. Solana
SOLUSD,
increased 1.47% to $16.72.
Polkadot
DOTUSD,
and Ripple
XRPUSD,
rounded out the increases for Wednesday, with gains of 1.47% to $4.72 and 0.21% to 49 cents, respectively.
On the other hand, Uniswap
UNIUSD,
posted the only drop, falling 0.48% to $4.56.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 0.25% to $57.23, while MicroStrategy Inc.
MSTR,
increased 4.74% to $328.24. Riot Platforms Inc.
RIOT,
shares increased 4.22% to $11.73, and shares of Marathon Digital Holdings Inc.
MARA,
rallied 5.91% to $12.41.
Overstock.com Inc.
OSTK,
rose 0.34% to $20.69, while Block Inc.
SQ,
dropped 1.77% to $65.62 and Tesla Inc.
TSLA,
fell 2.22% to $268.37.
PayPal Holdings Inc.
PYPL,
fell 1.41% to $67.92, and Ebang International Holdings Inc.
EBON,
shares climbed 3.25% to $7.16. NVIDIA Corp.
NVDA,
fell 2.74% to $426.10, and Advanced Micro Devices Inc.
AMD,
shed 2.02% to $116.53.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, increased 3.54% to $7.61. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 1.89% to $21.51. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 6.68% to $17.98.
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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