Large cryptocurrencies were mixed during morning trading on Wednesday, with Solana
SOLUSD,
seeing the biggest move, rallying 5.51% to $24.52.
Dogecoin
DOGEUSD,
led the decreases with a 3.04% drop to 8 cents.
Five other cryptocurrencies saw increases Wednesday. Polkadot
DOTUSD,
climbed 0.82% to $5.20, and Uniswap
UNIUSD,
rose 0.29% to $5.79.
Bitcoin
BTCUSD,
rose 0.24% to $29,300.00, and Polygon
MATICUSD,
rose 0.20% to 71 cents.
Cardano
ADAUSD,
which saw the smallest increase, climbed 0.02% to 30 cents.
In addition to Dogecoin, two other currencies posted reductions. Ethereum
ETHUSD,
sank 0.20% to $1,858.08, and Ripple
XRPUSD,
slipped 0.09% to 70 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 2.24% to $99.87, while MicroStrategy Inc.
MSTR,
increased 2.09% to $445.93. Riot Platforms Inc.
RIOT,
shares rallied 2.14% to $18.34, and shares of Marathon Digital Holdings Inc.
MARA,
rallied 4.23% to $16.87.
Overstock.com Inc.
OSTK,
climbed 0.48% to $30.92, while Block Inc.
SQ,
rose 0.12% to $76.96 and Tesla Inc.
TSLA,
rose 0.65% to $267.00.
PayPal Holdings Inc.
PYPL,
sank 0.32% to $72.73, and Ebang International Holdings Inc.
EBON,
shares slipped 0.54% to $9.35. NVIDIA Corp.
NVDA,
slipped 0.45% to $454.75, and Advanced Micro Devices Inc.
AMD,
dropped 1.79% to $110.98.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 1.91% to $10.03. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.89% to $25.65. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 0.99% to $19.36.
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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