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Large cryptocurrencies mixed as Ethereum drops

Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
+4.21%
seeing the biggest move, rising 4.78% to 44 cents.

Ethereum
ETHUSD,
-0.62%
led the decreases with a 1.70% drop to $1,790.46.

Five other cryptocurrencies saw increases Wednesday. Polygon
MATICUSD,
-2.71%
rose 1.81% to 86 cents, and Dogecoin
DOGEUSD,
-1.65%
climbed 1.44% to 7 cents.

Uniswap
UNIUSD,
+0.34%
climbed 0.70% to $5.15, and Solana
SOLUSD,
-2.38%
rose 0.54% to $20.58.

Cardano
ADAUSD,
-0.03%,
which saw the smallest increase, climbed 0.45% to 37 cents.

In addition to Ethereum, two other currencies posted drops. Bitcoin
BTCUSD,
-0.41%
dropped 1.19% to $26,628.10, and Polkadot
DOTUSD,
-0.20%
slid 0.35% to $5.25.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.46%
sank 0.59% to $57.54, while MicroStrategy Inc.
MSTR,
+6.26%
fell 1.08% to $270.50. Riot Platforms Inc.
RIOT,
+6.27%
shares slipped 0.78% to $10.77, and shares of Marathon Digital Holdings Inc.
MARA,
+9.08%
sank 0.65% to $9.19.

Overstock.com Inc.
OSTK,
+1.63%
sank 0.92% to $18.25, while Block Inc.
SQ,
+4.00%
inched down 0.02% to $55.53 and Tesla Inc.
TSLA,
+4.41%
increased 1.88% to $169.65.

PayPal Holdings Inc.
PYPL,
+1.09%
slipped 0.51% to $60.49, and Ebang International Holdings Inc.
EBON,
+3.43%
shares rose 0.72% to $5.58. NVIDIA Corp.
NVDA,
+3.30%
increased 1.13% to $295.43, and Advanced Micro Devices Inc.
AMD,
+2.24%
fell 1.08% to $100.38.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.22%
inched down 0.61% to $19.44. The Bitwise Crypto Industry Innovators ETF
BITQ,
+5.82%,
which is focused on pure-play crypto companies, fell 1.00% to $6.38. Grayscale Bitcoin Trust
GBTC,
+2.67%,
which tracks the Bitcoin market price, fell 1.09% to $14.47.


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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