All of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
DOGEUSD,
seeing the biggest move, declining 3.42% to 10 cents.
Polkadot
DOTUSD,
shed 2.61% to $5.32, and Litecoin
LTCUSD,
dropped 2.55% to $76.77.
Ripple
XRPUSD,
fell 2.55% to 38 cents on Wednesday, while Cardano
ADAUSD,
fell 1.44% to 31 cents and Ethereum
ETHUSD,
shed 1.82% to $1,233.80.
Bitcoin Cash
BCHUSD,
and Uniswap
UNIUSD,
fell 1.34% to $109.53 and 1.32% to $5.99
Bitcoin
BTCUSD,
rounded out the decreases with a 0.87% decline to $16,845.03.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 3.11% to $41.09, while MicroStrategy Inc.
MSTR,
declined 1.73% to $192.13. Riot Blockchain Inc.
RIOT,
shares shed 4.36% to $4.19, and shares of Marathon Digital Holdings Inc.
MARA,
fell 8.46% to $5.30.
Overstock.com Inc.
OSTK,
fell 1.32% to $24.25, while Block Inc.
SQ,
dropped 2.59% to $59.72 and Tesla Inc.
TSLA,
fell 3.50% to $173.53.
PayPal Holdings Inc.
PYPL,
shed 1.52% to $71.13, and Ebang International Holdings Inc.
EBON,
shares declined 1.86% to $4.74. NVIDIA Corp.
NVDA,
shed 1.01% to $158.25, and Advanced Micro Devices Inc.
AMD,
slipped 1.52% to $69.67.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
inched down 0.56% to $16.07. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.29% to $3.99. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 1.14% to $8.66.
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.
