Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD,
seeing the biggest change, falling 2.51% to 36 cents.
Seven additional currencies posted reductions Wednesday. Polkadot
DOTUSD,
fell 2.46% to $4.36, and Cardano
ADAUSD,
fell 2.17% to 25 cents.
Dogecoin
DOGEUSD,
shed 2.17% to 7 cents, while Bitcoin Cash
BCHUSD,
sank 0.97% to $100.54. Ethereum
ETHUSD,
inched down 0.47% to $1,204.52.
Uniswap
UNIUSD,
and Litecoin
LTCUSD,
rounded out the decreases for Wednesday, dropping 0.43% to $5.12 and 0.37% to $67.83, respectively.
On the other hand, Bitcoin
BTCUSD,
posted the only increase among the largest cryptos, rising 0.12% to $16,717.92.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 1.59% to $33.17, while MicroStrategy Inc.
MSTR,
climbed 0.38% to $148.30. Riot Blockchain Inc.
RIOT,
shares climbed 0.73% to $3.45, and shares of Marathon Digital Holdings Inc.
MARA,
rose 1.24% to $3.28.
Overstock.com Inc.
OSTK,
was flat at $18.43, while Block Inc.
SQ,
rose 0.10% to $59.92 and Tesla Inc.
TSLA,
rallied 4.34% to $113.83.
PayPal Holdings Inc.
PYPL,
rallied 1.05% to $69.05, and Ebang International Holdings Inc.
EBON,
shares rallied 2.44% to $2.67. NVIDIA Corp.
NVDA,
climbed 0.08% to $141.32, and Advanced Micro Devices Inc.
AMD,
inched down 1.05% to $63.15.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 1.82% to $3.33. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 0.74% to $14.95. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 0.73% to $7.92.
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.