Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash
BCHUSD,
seeing the biggest move, falling 2.97% to $181.92.
Seven additional currencies posted reductions Wednesday. Litecoin
LTCUSD,
shed 2.95% to $63.08, and Ripple
XRPUSD,
declined 2.73% to 40 cents.
Uniswap
UNIUSD,
declined 2.73% to $5.19, while Bitcoin
BTCUSD,
declined 1.80% to $30,776.28. Dogecoin
DOGEUSD,
declined 1.35% to 8 cents.
Polkadot
DOTUSD,
and Ethereum
ETHUSD,
rounded out the decreases for Wednesday, dropping 1.26% to $9.22 and 1.05% to $1,825.41, respectively.
On the other hand, Cardano
ADAUSD,
posted the only increase among the largest cryptos, rising 4.43% to 66 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 3.95% to $72.32, while MicroStrategy Inc.
MSTR,
increased 1.77% to $244.25. Riot Blockchain Inc.
RIOT,
shares climbed 2.79% to $6.34, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 3.91% to $9.03.
Overstock.com Inc.
OSTK,
rose 5.37% to $33.15, while Block Inc.
SQ,
rose 2.84% to $87.00 and Tesla Inc.
TSLA,
climbed 3.64% to $742.78.
PayPal Holdings Inc.
PYPL,
rose 0.44% to $88.98, and Ebang International Holdings Inc. Cl A
EBON,
shares increased 5.01% to 81 cents. NVIDIA Corp.
NVDA,
increased 1.12% to $191.34, and Advanced Micro Devices Inc.
AMD,
slid 0.44% to $105.21.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 2.60% to $8.43. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 1.33% to $22.81. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.08% to $19.80.
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.
This news is republished from another source. You can check the original article here
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