Dogecoin leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
DOGEUSD,
+12.74%

seeing the biggest move, plunging 11.40% to 10 cents.

Six additional currencies posted drops Wednesday. Uniswap
UNIUSD,
+12.40%

shed 8.34% to $5.56, and Polkadot
DOTUSD,
+16.80%

dropped 7.81% to $10.40.

Ripple
XRPUSD,
+14.53%

declined 7.81% to 47 cents, while Litecoin
LTCUSD,
+7.99%

fell 3.65% to $76.29. Cardano
ADAUSD,
+20.90%

fell 3.47% to 61 cents.

Bitcoin Cash
BCHUSD,
+5.79%
,
which posted the smallest decrease, dropped 2.88% to $221.40

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
+6.15%

seeing the largest rise at 0.69% to $31,173.62. Ethereum
ETHUSD,
+7.67%

climbed 0.54% to $2,334.49.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+8.90%

plunged 19.00% to $59.12, while MicroStrategy Inc.
MSTR,
+1.77%

declined 6.44% to $210.99. Riot Blockchain Inc.
RIOT,
+6.87%

shares rallied 1.20% to $7.62, and shares of Marathon Digital Holdings Inc.
MARA,
+1.70%

slipped 0.92% to $11.69.

Overstock.com Inc.
OSTK,
+4.84%

dropped 1.63% to $31.48, while Block Inc.
SQ,
+6.37%

shed 2.23% to $82.51 and Tesla Inc.
TSLA,
-0.82%

declined 1.13% to $791.00.

PayPal Holdings Inc.
PYPL,
-1.17%

climbed 0.40% to $79.07, and Ebang International Holdings Inc. Cl A
EBON,
-4.72%

shares climbed 4.11% to 79 cents. NVIDIA Corp.
NVDA,
-2.74%

fell 1.18% to $173.87, and Advanced Micro Devices Inc.
AMD,
-0.98%

rallied 0.40% to $90.46.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.89%

fell 1.73% to $22.67. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.13%
,
which is focused on pure-play crypto companies, shed 4.64% to $8.63. Grayscale Bitcoin Trust
GBTC,
-4.09%
,
which tracks the Bitcoin market price, shed 3.11% to $20.57.


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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