Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
LTCUSD,
seeing the biggest move, falling 3.07% to $138.07.
Six additional currencies posted drops Wednesday. Bitcoin Cash
BCHUSD,
fell 2.37% to $373.93, and Cardano
ADAUSD,
declined 2.07% to $1.44.
Uniswap
UNIUSD,
fell 2.07% to $15.81, while Polkadot
DOTUSD,
shed 1.77% to $24.74. Ripple
XRPUSD,
dropped 1.37% to 75 cents.
Ethereum
ETHUSD,
which posted the smallest decrease, sank 0.33% to $3,153.90
On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
seeing the largest rise at 0.37% to $42,557.94. Dogecoin
DOGEUSD,
climbed 0.08% to 17 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 1.30% to $224.89, while MicroStrategy Inc.
MSTR,
climbed 4.08% to $487.39. Riot Blockchain Inc.
RIOT,
shares rose 1.82% to $19.04, and shares of Marathon Digital Holdings Inc.
MARA,
increased 1.63% to $26.50.
Overstock.com Inc.
OSTK,
rose 1.38% to $47.69, while Block Inc.
SQ,
climbed 1.34% to $131.74 and Tesla Inc.
TSLA,
held steady at $1,030.51.
PayPal Holdings Inc.
PYPL,
increased 1.29% to $176.71, and Ebang International Holdings Inc. Cl A
EBON,
shares were flat at 94 cents. NVIDIA Corp.
NVDA,
rallied 1.88% to $263.90, and Advanced Micro Devices Inc.
AMD,
increased 1.29% to $133.58.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 2.38% to $18.06. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 1.54% to $36.15. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rallied 3.01% to $29.43.
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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