Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
DOGEUSD,
seeing the biggest move, dropping 2.88% to 6 cents.
Seven additional currencies posted reductions Wednesday. Bitcoin Cash
BCHUSD,
fell 1.76% to $116.56, and Litecoin
LTCUSD,
slid 0.98% to $52.78.
Ethereum
ETHUSD,
sank 0.98% to $1,112.04, while Cardano
ADAUSD,
slid 0.84% to 48 cents. Bitcoin
BTCUSD,
inched down 0.75% to $20,680.70.
Polkadot
DOTUSD,
and Ripple
XRPUSD,
rounded out the decreases for Wednesday, dropping 0.27% to $7.72 and 0.20% to 33 cents, respectively.
On the other hand, Uniswap
UNIUSD,
posted the only increase among the largest cryptos, rising 8.85% to $5.12.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 1.92% to $56.39, while MicroStrategy Inc.
MSTR,
slipped 0.26% to $178.49. Riot Blockchain Inc.
RIOT,
shares declined 2.75% to $4.95, and shares of Marathon Digital Holdings Inc.
MARA,
slid 0.35% to $7.20.
Overstock.com Inc.
OSTK,
climbed 0.20% to $29.80, while Block Inc.
SQ,
increased 1.29% to $61.30 and Tesla Inc.
TSLA,
increased 2.18% to $726.62.
PayPal Holdings Inc.
PYPL,
climbed 0.80% to $72.95, and Ebang International Holdings Inc. Cl A
EBON,
shares declined 5.80% to 50 cents. NVIDIA Corp.
NVDA,
slipped 0.62% to $164.64, and Advanced Micro Devices Inc.
AMD,
increased 0.80% to $84.80.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
slid 0.79% to $19.09. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 2.55% to $6.32. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.37% to $13.33.
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.
