All of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
LTCUSD,
seeing the biggest change, dropping 1.39% to $56.23.
Polkadot
DOTUSD,
declined 1.05% to $7.53, and Dogecoin
DOGEUSD,
sank 0.83% to 7 cents.
Ripple
XRPUSD,
inched down 0.83% to 34 cents on Wednesday, while Bitcoin Cash
BCHUSD,
sank 0.22% to $133.71 and Cardano
ADAUSD,
slid 0.49% to 46 cents.
Bitcoin
BTCUSD,
and Uniswap
UNIUSD,
fell 0.20% to $21,446.47 and 0.10% to $7.05
Ethereum
ETHUSD,
posted the smallest drop with a 0.09% decline to $1,647.77.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
rallied 2.63% to $73.05, while MicroStrategy Inc.
MSTR,
rallied 1.96% to $271.00. Riot Blockchain Inc.
RIOT,
shares increased 2.82% to $7.30, and shares of Marathon Digital Holdings Inc.
MARA,
rose 0.44% to $13.77.
Overstock.com Inc.
OSTK,
rose 0.46% to $27.20, while Block Inc.
SQ,
climbed 2.90% to $73.00 and Tesla Inc.
TSLA,
rallied 2.13% to $908.31.
PayPal Holdings Inc.
PYPL,
rallied 1.59% to $94.68, and Ebang International Holdings Inc. Cl A
EBON,
shares increased 1.67% to 48 cents. NVIDIA Corp.
NVDA,
inched down 0.95% to $170.18, and Advanced Micro Devices Inc.
AMD,
fell 1.59% to $91.49.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 1.77% to $8.07. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.69% to $21.78. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.66% to $13.44.
Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.
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