Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash
BCHUSD,
seeing the biggest change, tumbling 4.28% to $363.35.
Six additional currencies posted drops Wednesday. Ethereum
ETHUSD,
shed 1.56% to $2,954.71, and Bitcoin
BTCUSD,
shed 1.34% to $42,039.47.
Litecoin
LTCUSD,
declined 1.34% to $120.01, while Ripple
XRPUSD,
inched down 0.90% to 83 cents. Dogecoin
DOGEUSD,
sank 0.67% to 12 cents.
Uniswap
UNIUSD,
which posted the smallest decrease, slid 0.51% to $9.82
On the other hand, two cryptos posted increases, with Cardano
ADAUSD,
seeing the largest rise at 7.47% to $1.04. Polkadot
DOTUSD,
rallied 3.38% to $20.62.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 1.96% to $182.43, while MicroStrategy Inc.
MSTR,
declined 2.38% to $449.00. Riot Blockchain Inc.
RIOT,
shares dropped 3.47% to $20.03, and shares of Marathon Digital Holdings Inc.
MARA,
shed 2.79% to $28.62.
Overstock.com Inc.
OSTK,
dropped 1.38% to $49.90, while Block Inc.
SQ,
declined 4.08% to $136.01 and Tesla Inc.
TSLA,
climbed 0.35% to $997.47.
PayPal Holdings Inc.
PYPL,
dropped 2.86% to $114.50, and Ebang International Holdings Inc. Cl A
EBON,
shares shed 2.27% to $1.28. NVIDIA Corp.
NVDA,
dropped 3.34% to $256.38, and Advanced Micro Devices Inc.
AMD,
shed 2.86% to $112.55.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.61% to $34.16. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 2.39% to $17.19. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.43% to $28.34.
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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