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Uniswap leads way as most big cryptocurrencies post gains

Most large cryptocurrencies were up during morning trading on Wednesday, with Uniswap
UNIUSD,
+1.21%
seeing the biggest move, rising 3.42% to $4.38.

Seven additional currencies posted rises Wednesday. Ethereum
ETHUSD,
+0.55%
increased 1.96% to $1,617.72, and Bitcoin
BTCUSD,
+0.99%
increased 1.74% to $26,604.00.

Dogecoin
DOGEUSD,
+0.66%
climbed 1.11% to 6 cents, while Polkadot
DOTUSD,
+0.37%
rose 0.89% to $4.04. Ripple
XRPUSD,
-0.58%
climbed 0.51% to 50 cents.

Cardano
ADAUSD,
+0.11%
and Solana
SOLUSD,
+1.53%
rounded out the increases for Wednesday, with gains of 0.51% to 25 cents and 0.47% to $19.25, respectively.

On the other hand, Polygon
MATICUSD,
+0.46%
posted the only drop, falling 0.49% to 51 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.42%
climbed 2.42% to $72.23, while MicroStrategy Inc.
MSTR,
-0.53%
increased 1.94% to $323.45. Riot Platforms Inc.
RIOT,
-0.44%
shares increased 2.70% to $9.31, and shares of Marathon Digital Holdings Inc.
MARA,
-2.91%
rose 0.73% to $8.31.

Overstock.com Inc.
OSTK,
-3.19%
rose 0.43% to $16.38, while Block Inc.
SQ,
-1.50%
climbed 0.40% to $44.99 and Tesla Inc.
TSLA,
-1.48%
inched down 0.01% to $244.10.

PayPal Holdings Inc.
PYPL,
-2.70%
climbed 0.78% to $59.39, and Ebang International Holdings Inc.
EBON,

shares declined 1.31% to $7.56. NVIDIA Corp.
NVDA,
+1.33%
climbed 1.13% to $423.84, and Advanced Micro Devices Inc.
AMD,
+2.20%
rose 2.04% to $97.92.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.56%,
which is focused on pure-play crypto companies, rallied 2.80% to $6.61. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.67%
rallied 1.54% to $19.77. Grayscale Bitcoin Trust
GBTC,
-0.22%,
which tracks the Bitcoin market price, rose 0.94% to $18.34.


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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