Uniswap leads way as largest cryptocurrencies slump

All of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD,
-1.13%

seeing the biggest change, declining 4.18% to $5.42.

Cardano
ADAUSD,
-1.92%

shed 3.58% to 41 cents, and Polkadot
DOTUSD,
-1.84%

fell 3.29% to $6.19.

Dogecoin
DOGEUSD,
-1.15%

fell 3.29% to 6 cents on Wednesday, while Bitcoin Cash
BCHUSD,
+0.28%

fell 1.09% to $97.35 and Ripple
XRPUSD,
+0.98%

dropped 1.16% to 31 cents.

Litecoin
LTCUSD,
+0.44%

and Bitcoin
BTCUSD,
+0.79%

fell 0.94% to $47.26 and 0.79% to $19,279.86

Ethereum
ETHUSD,
+2.41%

rounded out the decreases with a 0.49% decline to $1,040.88.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.20%

declined 4.09% to $52.02, while MicroStrategy Inc.
MSTR,
+2.29%

fell 1.57% to $189.50. Riot Blockchain Inc.
RIOT,
+1.45%

shares shed 1.86% to $4.75, and shares of Marathon Digital Holdings Inc.
MARA,
+0.26%

fell 3.59% to $7.40.

Overstock.com Inc.
OSTK,
+0.08%

climbed 0.04% to $25.71, while Block Inc.
SQ,
-1.11%

fell 3.67% to $62.65 and Tesla Inc.
TSLA,
+3.00%

rose 0.06% to $699.60.

PayPal Holdings Inc.
PYPL,
-0.04%

shed 2.90% to $69.36, and Ebang International Holdings Inc. Cl A
EBON,
-6.18%

shares dropped 4.41% to 54 cents. NVIDIA Corp.
NVDA,
+1.05%

fell 1.66% to $148.32, and Advanced Micro Devices Inc.
AMD,
+2.78%

climbed 2.90% to $76.41.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.03%

shed 1.01% to $18.70. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.14%
,
which is focused on pure-play crypto companies, dropped 1.80% to $6.01. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, inched down 0.08% to $12.20.


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

Be the first to comment

Leave a Reply

Your email address will not be published.


*