All of the large cryptocurrencies were down during morning trading on Wednesday, with Solana
SOLUSD
seeing the biggest change, shedding 6.56% to $23.23.
Uniswap
UNIUSD
fell 6.25% to $5.93, and Polkadot
DOTUSD
declined 6.05% to $6.48.
Ethereum
ETHUSD
fell 6.05% to $1,984.92 on Wednesday, while Polygon
MATICUSD
fell 4.47% to $1.12 and Ripple
XRPUSD
dropped 4.97% to 50 cents.
Cardano
ADAUSD
and Dogecoin
DOGEUSD
fell 4.45% to 42 cents and 3.69% to 9 cents
Bitcoin
BTCUSD
rounded out the decreases with a 3.51% decline to $29,345.60.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 5.22% to $63.75, while MicroStrategy Inc.
MSTR
declined 4.21% to $315.96. Riot Platforms Inc.
RIOT
shares fell 6.77% to $12.54, and shares of Marathon Digital Holdings Inc.
MARA
dropped 5.15% to $11.08.
Overstock.com Inc.
OSTK
sank 0.26% to $19.30, while Block Inc.
SQ
shed 2.72% to $62.16 and Tesla Inc.
TSLA
fell 2.61% to $179.50.
PayPal Holdings Inc.
PYPL
declined 2.89% to $74.21, and Ebang International Holdings Inc.
EBON
shares dropped 3.38% to $6.01. NVIDIA Corp.
NVDA
inched down 0.36% to $275.69, and Advanced Micro Devices Inc.
AMD
slipped 0.57% to $89.27.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
fell 2.64% to $20.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 4.56% to $6.81. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.10% to $16.78.
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.