Uniswap leads way as most big cryptocurrencies post gains

Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Uniswap
UNIUSD,
+9.10%

seeing the biggest move, climbing 8.01% to $9.08.

Seven additional currencies posted gains Wednesday. Polkadot
DOTUSD,
+2.91%

rose 3.17% to $8.23, and Bitcoin Cash
BCHUSD,
+2.00%

rose 2.24% to $138.32.

Cardano
ADAUSD,
+1.70%

rallied 2.01% to 51 cents, while Bitcoin
BTCUSD,
+1.36%

increased 1.52% to $23,364.11. Dogecoin
DOGEUSD,
+1.18%

rose 0.89% to 7 cents.

Litecoin
LTCUSD,
+0.70%

and Ethereum
ETHUSD,
+0.46%

rounded out the increases for Wednesday, with gains of 0.89% to $59.20 and 0.85% to $1,664.28, respectively.

On the other hand, Ripple
XRPUSD,
-0.87%

posted the only drop, falling 0.51% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+14.81%

surged 10.54% to $74.32, while MicroStrategy Inc.
MSTR,
+14.20%

climbed 9.61% to $305.00. Riot Blockchain Inc.
RIOT,
+6.84%

shares rallied 5.35% to $8.17, and shares of Marathon Digital Holdings Inc.
MARA,
+1.86%

rallied 3.94% to $13.47.

Overstock.com Inc.
OSTK,
-0.86%

rallied 1.28% to $29.33, while Block Inc.
SQ,
+8.97%

rose 5.18% to $83.19 and Tesla Inc.
TSLA,
+1.37%

rallied 1.23% to $912.85.

PayPal Holdings Inc.
PYPL,
+10.44%

surged 12.61% to $100.94, and Ebang International Holdings Inc. Cl A
EBON,
+2.75%

shares climbed 2.25% to 48 cents. NVIDIA Corp.
NVDA,
-0.04%

slipped 0.25% to $184.80, and Advanced Micro Devices Inc.
AMD,
-2.94%

declined 12.61% to $97.93.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.60%
,
which is focused on pure-play crypto companies, climbed 4.99% to $8.52. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.81%

increased 2.43% to $22.73. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 2.47% to $14.53.


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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