Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD,
seeing the biggest change, falling 3.63% to $10.77.
Seven additional currencies posted drops Wednesday. Ethereum
ETHUSD,
declined 3.40% to $2,695.02, and Litecoin
LTCUSD,
dropped 3.35% to $111.01.
Cardano
ADAUSD,
fell 3.35% to $1.05, while Bitcoin
BTCUSD,
declined 2.68% to $37,703.48. Ripple
XRPUSD,
fell 2.04% to 61 cents.
Dogecoin
DOGEUSD,
and Polkadot
DOTUSD,
rounded out the decreases for Wednesday, dropping 1.17% to 14 cents and 0.30% to $19.69, respectively.
On the other hand, Bitcoin Cash
BCHUSD,
posted the only increase among the largest cryptos, rising 0.05% to $287.47.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 4.09% to $189.65, while MicroStrategy Inc.
MSTR,
shed 6.05% to $350.45. Riot Blockchain Inc.
RIOT,
shares declined 4.25% to $15.98, and shares of Marathon Digital Holdings Inc.
MARA,
declined 6.35% to $23.44.
Overstock.com Inc.
OSTK,
slipped 0.97% to $49.52, while Block Inc.
SQ,
fell 9.11% to $115.99 and Tesla Inc.
TSLA,
inched down 0.84% to $923.44.
PayPal Holdings Inc.
PYPL,
cratered 25.26% to $131.39, and Ebang International Holdings Inc. Cl A
EBON,
shares dropped 8.53% to $1.06. NVIDIA Corp.
NVDA,
climbed 3.16% to $254.16, and Advanced Micro Devices Inc.
AMD,
climbed 25.26% to $126.55.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 2.72% to $32.95. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 4.02% to $15.76. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 2.36% to $25.65.
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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