Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD,
seeing the biggest move, declining 3.38% to $6.52.
Seven additional currencies posted reductions Wednesday. Dogecoin
DOGEUSD,
shed 3.35% to 6 cents, and Litecoin
LTCUSD,
fell 3.19% to $53.75.
Polkadot
DOTUSD,
dropped 3.19% to $6.31, while Ethereum
ETHUSD,
declined 2.83% to $1,323.54. Cardano
ADAUSD,
dropped 2.50% to 43 cents.
Bitcoin
BTCUSD,
and Bitcoin Cash
BCHUSD,
rounded out the decreases for Wednesday, dropping 2.01% to $19,941.91 and 1.75% to $119.94, respectively.
On the other hand, Ripple
XRPUSD,
posted the only increase among the largest cryptos, rising 0.10% to 48 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 3.95% to $71.56, while MicroStrategy Inc.
MSTR,
fell 3.71% to $239.50. Riot Blockchain Inc.
RIOT,
shares declined 4.53% to $7.25, and shares of Marathon Digital Holdings Inc.
MARA,
shed 4.58% to $12.29.
Overstock.com Inc.
OSTK,
declined 3.81% to $25.75, while Block Inc.
SQ,
dropped 2.66% to $60.75 and Tesla Inc.
TSLA,
declined 3.59% to $240.49.
PayPal Holdings Inc.
PYPL,
sank 0.26% to $92.54, and Ebang International Holdings Inc. Cl A
EBON,
shares declined 1.71% to 42 cents. NVIDIA Corp.
NVDA,
declined 3.03% to $127.68, and Advanced Micro Devices Inc.
AMD,
fell 0.26% to $65.19.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 2.07% to $19.62. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 3.33% to $6.87. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 2.40% to $11.81.
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.
