Most large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
seeing the biggest change, surging 10.64% to $62.27.
Seven additional currencies posted rises Wednesday. Uniswap
UNIUSD,
rose 4.22% to $5.26, and Polkadot
DOTUSD,
increased 3.49% to $5.41.
Dogecoin
DOGEUSD,
climbed 2.47% to 7 cents, while Cardano
ADAUSD,
rose 2.37% to 37 cents. Ripple
XRPUSD,
climbed 1.52% to 64 cents.
Bitcoin
BTCUSD,
and Ethereum
ETHUSD,
rounded out the increases for Wednesday, with gains of 1.52% to $36,122.80 and 1.45% to $2,010.71, respectively.
On the other hand, Polygon
MATICUSD,
posted the only drop, falling 0.59% to 90 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 4.06% to $95.83, while MicroStrategy Inc.
MSTR,
rose 1.59% to $487.61. Riot Platforms Inc.
RIOT,
shares rose 1.38% to $9.86, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 2.63% to $9.41.
Block Inc.
SQ,
increased 3.07% to $56.79 and Tesla Inc.
TSLA,
climbed 1.32% to $240.55.
PayPal Holdings Inc.
PYPL,
increased 1.48% to $57.52, and Ebang International Holdings Inc.
EBON,
shares fell 1.01% to $7.28. NVIDIA Corp.
NVDA,
shed 1.31% to $490.04, and Advanced Micro Devices Inc.
AMD,
declined 2.25% to $117.18.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 1.41% to $7.20. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 1.19% to $22.20. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 2.26% to $28.04.
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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