Large cryptocurrencies fall as Solana declines

19 April 2023

in Solano

Reading Time: 2 mins read

Published: April 19, 2023 at 10:00 a.m. ET

All of the large cryptocurrencies were down during morning trading on Wednesday, with Solana Solana USD seeing the biggest change, shedding 6.56% to $23.23.

Uniswap Uniswap USD fell 6.25% to $5.93, and Polkadot Polkadot USD declined 6.05% to $6.48.

Ethereum Ethereum USD fell 6.05% to $1,984.92 on Wednesday, while Polygon Polygon USD fell 4.47%…

All of the large cryptocurrencies were down during morning trading on Wednesday, with Solana

SOLUSD

seeing the biggest change, shedding 6.56% to $23.23.

Uniswap

UNIUSD

fell 6.25% to $5.93, and Polkadot

DOTUSD

declined 6.05% to $6.48.

Ethereum

ETHUSD

fell 6.05% to $1,984.92 on Wednesday, while Polygon

MATICUSD

fell 4.47% to $1.12 and Ripple

XRPUSD

dropped 4.97% to 50 cents.

Cardano

ADAUSD

and Dogecoin

DOGEUSD

fell 4.45% to 42 cents and 3.69% to 9 cents

Bitcoin

BTCUSD

rounded out the decreases with a 3.51% decline to $29,345.60.

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

COIN

fell 5.22% to $63.75, while MicroStrategy Inc.

MSTR

declined 4.21% to $315.96. Riot Platforms Inc.

RIOT

shares fell 6.77% to $12.54, and shares of Marathon Digital Holdings Inc.

MARA

dropped 5.15% to $11.08.

Overstock.com Inc.

OSTK

sank 0.26% to $19.30, while Block Inc.

SQ

shed 2.72% to $62.16 and Tesla Inc.

TSLA

fell 2.61% to $179.50.

PayPal Holdings Inc.

PYPL

declined 2.89% to $74.21, and Ebang International Holdings Inc.

EBON

shares dropped 3.38% to $6.01. NVIDIA Corp.

NVDA

inched down 0.36% to $275.69, and Advanced Micro Devices Inc.

AMD

slipped 0.57% to $89.27.

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

BLOK

fell 2.64% to $20.25. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, fell 4.56% to $6.81. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, shed 2.10% to $16.78.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: Source link