Most large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
-0.46%
seeing the biggest change, dropping 4.53% to 34 cents.
Seven additional currencies posted decreases Wednesday. Dogecoin
DOGEUSD,
0.09
declined 3.65% to 7 cents, and Polygon
MATICUSD,
-1.52%
dropped 3.63% to 79 cents.
Solana
SOLUSD,
-1.75%
shed 3.63% to $19.72, while Uniswap
UNIUSD,
+0.24%
fell 2.20% to $4.66. Polkadot
DOTUSD,
-0.28%
dropped 1.87% to $5.11.
Ethereum
ETHUSD,
-0.19%
and Bitcoin
BTCUSD,
+0.01%
rounded out the decreases for Wednesday, dropping 0.63% to $1,865.13 and 0.42% to $26,840.10, respectively.
On the other hand, Ripple
XRPUSD,
-0.96%
posted the only increase among the largest cryptos, rising 1.41% to 53 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.20%
climbed 3.57% to $53.45, while MicroStrategy Inc.
MSTR,
-2.68%
increased 1.00% to $301.81. Riot Platforms Inc.
RIOT,
-4.31%
shares climbed 2.20% to $11.14, and shares of Marathon Digital Holdings Inc.
MARA,
-5.26%
climbed 3.92% to $10.48.
Overstock.com Inc.
OSTK,
-0.19%
increased 2.44% to $22.07, while Block Inc.
SQ,
+0.39%
rallied 1.95% to $67.27 and Tesla Inc.
TSLA,
+1.47%
climbed 3.38% to $228.78.
PayPal Holdings Inc.
PYPL,
-1.51%
sank 0.69% to $64.57, and Ebang International Holdings Inc.
EBON,
+7.61%
shares increased 3.35% to $6.79. NVIDIA Corp.
NVDA,
-3.04%
rose 1.50% to $392.31, and Advanced Micro Devices Inc.
AMD,
-5.15%
slipped 0.40% to $123.74.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-2.90%,
which is focused on pure-play crypto companies, rallied 1.30% to $6.99. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.08%
climbed 1.03% to $20.54. Grayscale Bitcoin Trust
GBTC,
-4.42%,
which tracks the Bitcoin market price, declined 1.83% to $14.21.
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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