Most large cryptocurrencies decrease on Polkadot, Litecoin drops

Published: March 8, 2023 at 10:00 a.m. ET

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot Polkadot USD seeing the biggest move, dropping 3.24% to $5.61.

Seven additional currencies posted decreases Wednesday. Litecoin Litecoin USD declined 3.16% to $82.82, and Cardano Cardano USD declined 2.58% to 32 cents.

Bitcoin Cash Bitcoin Cash…

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot

DOTUSD

seeing the biggest move, dropping 3.24% to $5.61.

Seven additional currencies posted decreases Wednesday. Litecoin

LTCUSD

declined 3.16% to $82.82, and Cardano

ADAUSD

declined 2.58% to 32 cents.

Bitcoin Cash

BCHUSD

dropped 2.58% to $118.60, while Uniswap

UNIUSD

dropped 2.07% to $6.25. Dogecoin

DOGEUSD

dropped 1.65% to 7 cents.

Bitcoin

BTCUSD

and Ethereum

ETHUSD

rounded out the decreases for Wednesday, dropping 0.42% to $21,959.50 and 0.20% to $1,547.31, respectively.

On the other hand, Ripple

XRPUSD

posted the only increase among the largest cryptos, rising 2.03% to 39 cents.

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

COIN

declined 1.61% to $60.90, while MicroStrategy Inc.

MSTR

shed 1.05% to $229.00. Riot Platforms Inc.

RIOT

shares inched down 0.65% to $6.13, and shares of Marathon Digital Holdings Inc.

MARA

fell 2.55% to $5.94.

Overstock.com Inc.

OSTK

declined 2.01% to $18.53, while Block Inc.

SQ

fell 1.35% to $76.99 and Tesla Inc.

TSLA

shed 3.77% to $180.64.

PayPal Holdings Inc.

PYPL

slipped 0.33% to $74.66, and Ebang International Holdings Inc.

EBON

shares climbed 0.33% to $6.57. NVIDIA Corp.

NVDA

increased 1.61% to $236.63, and Advanced Micro Devices Inc.

AMD

rallied 1.06% to $82.98.

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

BLOK

inched down 0.28% to $17.48. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, declined 1.42% to $4.85. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, rallied 2.17% to $13.18.

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.

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