All large cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD,
-1.76%
seeing the biggest move, tumbling 5.42% to $5.67.
Cardano
ADAUSD,
-0.07%
shed 4.05% to 27 cents, and Solana
SOLUSD,
+2.20%
fell 4.04% to $23.05.
Polygon
MATICUSD,
-1.60%
declined 4.04% to 62 cents on Wednesday, while Ripple
XRPUSD,
-2.04%
declined 1.96% to 59 cents and Dogecoin
DOGEUSD,
-2.33%
fell 2.92% to 7 cents.
Polkadot
DOTUSD,
+1.50%
and Ethereum
ETHUSD,
-3.47%
fell 1.67% to $4.71 and 0.50% to $1,818.88
Bitcoin
BTCUSD,
-3.26%
posted the smallest drop with a 0.41% decline to $29,051.00.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.14%
rose 2.78% to $81.38, while MicroStrategy Inc.
MSTR,
-3.40%
fell 1.10% to $372.00. Riot Platforms Inc.
RIOT,
-7.79%
shares dropped 3.10% to $13.28, and shares of Marathon Digital Holdings Inc.
MARA,
-6.89%
fell 2.79% to $13.54.
Overstock.com Inc.
OSTK,
-0.56%
fell 4.39% to $28.64, while Block Inc.
SQ,
-0.83%
rose 0.07% to $58.40 and Tesla Inc.
TSLA,
-0.57%
sank 0.02% to $232.91.
PayPal Holdings Inc.
PYPL,
-1.37%
climbed 0.17% to $59.57, and Ebang International Holdings Inc.
EBON,
-0.54%
shares dropped 4.74% to $7.43. NVIDIA Corp.
NVDA,
+0.16%
rose 0.09% to $439.78, and Advanced Micro Devices Inc.
AMD,
-1.58%
fell 2.81% to $108.22.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-2.71%
declined 1.44% to $22.56. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.37%,
which is focused on pure-play crypto companies, dropped 1.46% to $8.10. Grayscale Bitcoin Trust
GBTC,
-1.47%,
which tracks the Bitcoin market price, slid 0.20% to $19.62.
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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