All large cryptocurrencies were up during morning trading on Wednesday, with Ripple
XRPUSD,
-1.92%
seeing the biggest change, rallying 5.39% to 80 cents.
Cardano
ADAUSD,
+0.71%
rallied 4.50% to 32 cents, while Solana
SOLUSD,
+1.99%
climbed 4.43% to $26.41.
Dogecoin
DOGEUSD,
+4.11%
and Polygon
MATICUSD,
+5.23%
climbed 1.52% to 7 cents and 1.20% to 74 cents, respectively.
Polkadot
DOTUSD,
+4.42%
climbed 0.85% to $5.21, and Ethereum
ETHUSD,
+1.10%
rose 0.85% to $1,910.93.
Bitcoin
BTCUSD,
+1.26%
and Uniswap
UNIUSD,
+1.75%
rounded out the increases for Wednesday, climbing 0.76% to $30,004.80 and 0.29% to $5.90, respectively.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.32%
climbed 3.38% to $108.12, while MicroStrategy Inc.
MSTR,
+1.64%
rose 1.36% to $451.84. Riot Platforms Inc.
RIOT,
+3.56%
shares rallied 3.56% to $18.93, and shares of Marathon Digital Holdings Inc.
MARA,
+4.64%
rose 4.34% to $17.54.
Overstock.com Inc.
OSTK,
-0.90%
rose 2.74% to $33.11, while Block Inc.
SQ,
-1.06%
climbed 0.66% to $79.55 and Tesla Inc.
TSLA,
-0.71%
rose 1.10% to $296.58.
PayPal Holdings Inc.
PYPL,
-0.20%
climbed 0.08% to $74.43, and Ebang International Holdings Inc.
EBON,
+1.62%
shares declined 2.19% to $10.25. NVIDIA Corp.
NVDA,
-0.88%
slipped 0.81% to $471.09, and Advanced Micro Devices Inc.
AMD,
-1.27%
climbed 0.81% to $118.89.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+3.82%,
which is focused on pure-play crypto companies, climbed 2.65% to $10.48. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.38%
increased 2.15% to $26.57. Grayscale Bitcoin Trust
GBTC,
+1.88%,
which tracks the Bitcoin market price, rose 2.33% to $20.17.
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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