Most large cryptocurrencies were down during morning trading on Wednesday, with Polkadot
DOTUSD,
seeing the biggest change, slipping 0.79% to $4.11.
Six additional currencies posted drops Wednesday. Ethereum
ETHUSD,
inched down 0.70% to $1,631.44, and Cardano
ADAUSD,
sank 0.50% to 25 cents.
Dogecoin
DOGEUSD,
slipped 0.50% to 6 cents, while Uniswap
UNIUSD,
slipped 0.18% to $4.38. Bitcoin
BTCUSD,
slipped 0.08% to $27,168.60.
Polygon
MATICUSD,
which posted the smallest decrease, slid 0.07% to 54 cents
On the other hand, two cryptos posted increases, with Solana
SOLUSD,
seeing the largest rise at 1.46% to $20.22. Ripple
XRPUSD,
rose 0.22% to 51 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 2.12% to $79.79, while MicroStrategy Inc.
MSTR,
rose 0.98% to $342.57. Riot Platforms Inc.
RIOT,
shares slipped 0.05% to $10.44, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 1.57% to $9.71.
Overstock.com Inc.
OSTK,
climbed 2.09% to $18.58, while Block Inc.
SQ,
inched down 0.34% to $49.63 and Tesla Inc.
TSLA,
climbed 0.04% to $266.61.
PayPal Holdings Inc.
PYPL,
climbed 0.03% to $62.21, and Ebang International Holdings Inc.
EBON,
shares climbed 0.07% to $7.57. NVIDIA Corp.
NVDA,
rose 0.28% to $436.41, and Advanced Micro Devices Inc.
AMD,
climbed 0.88% to $102.50.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 0.49% to $7.18. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 0.48% to $20.91. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.61% to $19.52.
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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