All of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD
seeing the biggest move, tumbling 5.55% to 54 cents.
Polkadot
DOTUSD
shed 5.29% to $8.42, and Dogecoin
DOGEUSD
fell 4.14% to 8 cents.
Uniswap
UNIUSD
fell 4.14% to $8.05 on Wednesday, while Litecoin
LTCUSD
shed 2.29% to $60.05 and Ethereum
ETHUSD
fell 2.75% to $1,833.23.
Bitcoin Cash
BCHUSD
and Bitcoin
BTCUSD
fell 2.29% to $134.15 and 2.22% to $23,440.42
Ripple
XRPUSD
posted the smallest drop with a 1.73% decline to 37 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 5.01% to $85.86, while MicroStrategy Inc.
MSTR
shed 3.82% to $329.54. Riot Blockchain Inc.
RIOT
shares declined 4.58% to $8.75, and shares of Marathon Digital Holdings Inc.
MARA
shed 3.95% to $16.21.
Overstock.com Inc.
OSTK
shed 1.20% to $33.72, while Block Inc.
SQ
dropped 3.99% to $82.46 and Tesla Inc.
TSLA
slid 0.81% to $912.25.
PayPal Holdings Inc.
PYPL
declined 1.98% to $100.06, and Ebang International Holdings Inc. Cl A
EBON
shares dropped 1.97% to 55 cents. NVIDIA Corp.
NVDA
shed 2.27% to $184.51, and Advanced Micro Devices Inc.
AMD
dropped 1.98% to $97.80.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
fell 2.30% to $24.19. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 4.30% to $9.17. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 2.54% to $14.56.
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.
This news is republished from another source. You can check the original article here