Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Cardano
ADAUSD,
seeing the biggest move, rising 2.90% to 48 cents.
Six additional currencies posted rises Wednesday. Litecoin
LTCUSD,
climbed 1.63% to $60.30, and Polkadot
DOTUSD,
rose 1.39% to $7.26.
Dogecoin
DOGEUSD,
climbed 0.90% to 6 cents, while Bitcoin
BTCUSD,
climbed 0.19% to $20,291.89. Bitcoin Cash
BCHUSD,
climbed 0.13% to $118.88.
Uniswap
UNIUSD,
which posted the smallest increase, rose 0.13% to $6.15.
On the other hand, two cryptos posted decreases, with Ethereum
ETHUSD,
seeing the largest drop at 0.25% to $1,603.50. Ripple
XRPUSD,
slipped 0.09% to 34 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 1.70% to $76.53, while MicroStrategy Inc.
MSTR,
fell 1.48% to $227.83. Riot Blockchain Inc.
RIOT,
shares declined 2.42% to $7.45, and shares of Marathon Digital Holdings Inc.
MARA,
shed 1.68% to $12.61.
Overstock.com Inc.
OSTK,
inched down 0.66% to $28.76, while Block Inc.
SQ,
declined 3.95% to $66.83 and Tesla Inc.
TSLA,
climbed 2.21% to $298.60.
PayPal Holdings Inc.
PYPL,
climbed 1.65% to $96.58, and Ebang International Holdings Inc. Cl A
EBON,
shares rose 3.06% to 48 cents. NVIDIA Corp.
NVDA,
sank 0.46% to $130.71, and Advanced Micro Devices Inc.
AMD,
rose 1.65% to $77.04.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 0.10% to $20.75. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, slid 0.25% to $7.49. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, was flat at $12.65.
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.
