Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
seeing the biggest change, shedding 3.33% to 31 cents.
Six additional currencies posted reductions Wednesday. Uniswap
UNIUSD,
dropped 1.76% to $5.70, and Dogecoin
DOGEUSD,
fell 1.23% to 8 cents.
Polkadot
DOTUSD,
fell 1.23% to $4.89, while Ethereum
ETHUSD,
inched down 0.53% to $1,332.66. Bitcoin
BTCUSD,
inched down 0.41% to $17,403.37.
Bitcoin Cash
BCHUSD,
which posted the smallest decrease, slid 0.22% to $107.22
On the other hand, two cryptos posted increases, with Ripple
XRPUSD,
seeing the largest rise at 5.67% to 37 cents. Litecoin
LTCUSD,
climbed 0.20% to $81.70.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 1.43% to $42.61, while MicroStrategy Inc.
MSTR,
increased 1.09% to $192.07. Riot Platforms Inc.
RIOT,
shares increased 1.12% to $5.70, and shares of Marathon Digital Holdings Inc.
MARA,
rallied 3.97% to $5.98.
Overstock.com Inc.
OSTK,
climbed 1.84% to $20.53, while Block Inc.
SQ,
rallied 1.27% to $70.92 and Tesla Inc.
TSLA,
rose 2.89% to $122.28.
PayPal Holdings Inc.
PYPL,
rose 0.15% to $78.04, and Ebang International Holdings Inc.
EBON,
shares climbed 6.02% to $9.33. NVIDIA Corp.
NVDA,
declined 1.30% to $157.02, and Advanced Micro Devices Inc.
AMD,
rose 0.15% to $68.07.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 1.44% to $16.86. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 0.85% to $4.38. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.02% to $9.68.
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.
This news is republished from another source. You can check the original article here