Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot
DOTUSD
seeing the biggest move, declining 3.10% to $4.46.
Seven additional currencies posted reductions Wednesday. Cardano
ADAUSD
shed 2.56% to 25 cents, and Ripple
XRPUSD
fell 2.35% to 34 cents.
Dogecoin
DOGEUSD
declined 2.35% to 7 cents, while Bitcoin Cash
BCHUSD
declined 1.16% to $100.44. Uniswap
UNIUSD
fell 1.09% to $5.26.
Ethereum
ETHUSD
and Bitcoin
BTCUSD
rounded out the decreases for Wednesday, dropping 0.36% to $1,212.13 and 0.36% to $16,822.53, respectively.
On the other hand, Litecoin
LTCUSD
posted the only increase among the largest cryptos, rising 0.09% to $65.46.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
rose 0.92% to $35.29, while MicroStrategy Inc.
MSTR
sank 0.35% to $168.27. Riot Blockchain Inc.
RIOT
shares shed 1.44% to $3.78, and shares of Marathon Digital Holdings Inc.
MARA
declined 1.41% to $3.86.
Overstock.com Inc.
OSTK
climbed 0.75% to $20.19, while Block Inc.
SQ
rallied 1.25% to $62.18 and Tesla Inc.
TSLA
rose 0.95% to $139.11.
PayPal Holdings Inc.
PYPL
climbed 0.46% to $69.08, and Ebang International Holdings Inc.
EBON
shares inched down 0.34% to $2.89. NVIDIA Corp.
NVDA
rallied 1.72% to $163.62, and Advanced Micro Devices Inc.
AMD
climbed 0.46% to $66.52.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
rose 1.05% to $15.45. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 0.14% to $3.51. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.49% to $7.96.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.