Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD
seeing the biggest change, falling 3.63% to $10.77.
Seven additional currencies posted drops Wednesday. Ethereum
ETHUSD
declined 3.40% to $2,695.02, and Litecoin
LTCUSD
dropped 3.35% to $111.01.
Cardano
ADAUSD
fell 3.35% to $1.05, while Bitcoin
BTCUSD
declined 2.68% to $37,703.48. Ripple
XRPUSD
fell 2.04% to 61 cents.
Dogecoin
DOGEUSD
and Polkadot
DOTUSD
rounded out the decreases for Wednesday, dropping 1.17% to 14 cents and 0.30% to $19.69, respectively.
On the other hand, Bitcoin Cash
BCHUSD
posted the only increase among the largest cryptos, rising 0.05% to $287.47.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 4.09% to $189.65, while MicroStrategy Inc.
MSTR
shed 6.05% to $350.45. Riot Blockchain Inc.
RIOT
shares declined 4.25% to $15.98, and shares of Marathon Digital Holdings Inc.
MARA
declined 6.35% to $23.44.
Overstock.com Inc.
OSTK
slipped 0.97% to $49.52, while Block Inc.
SQ
fell 9.11% to $115.99 and Tesla Inc.
TSLA
inched down 0.84% to $923.44.
PayPal Holdings Inc.
PYPL
cratered 25.26% to $131.39, and Ebang International Holdings Inc. Cl A
EBON
shares dropped 8.53% to $1.06. NVIDIA Corp.
NVDA
climbed 3.16% to $254.16, and Advanced Micro Devices Inc.
AMD
climbed 25.26% to $126.55.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 2.72% to $32.95. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 4.02% to $15.76. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.36% to $25.65.
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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