Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash
BCHUSD,
seeing the biggest change, tumbling 4.28% to $363.35.
Six additional currencies posted drops Wednesday. Ethereum
ETHUSD,
shed 1.56% to $2,954.71, and Bitcoin
BTCUSD,
shed 1.34% to $42,039.47.
Litecoin
LTCUSD,
declined 1.34% to $120.01, while Ripple
XRPUSD,
inched down 0.90% to 83 cents. Dogecoin
DOGEUSD,
sank 0.67% to 12 cents.
Uniswap
UNIUSD,
which posted the smallest decrease, slid 0.51% to $9.82
On the other hand, two cryptos posted increases, with Cardano
ADAUSD,
seeing the largest rise at 7.47% to $1.04. Polkadot
DOTUSD,
rallied 3.38% to $20.62.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 1.96% to $182.43, while MicroStrategy Inc.
MSTR,
declined 2.38% to $449.00. Riot Blockchain Inc.
RIOT,
shares dropped 3.47% to $20.03, and shares of Marathon Digital Holdings Inc.
MARA,
shed 2.79% to $28.62.
Overstock.com Inc.
OSTK,
dropped 1.38% to $49.90, while Block Inc.
SQ,
declined 4.08% to $136.01 and Tesla Inc.
TSLA,
climbed 0.35% to $997.47.
PayPal Holdings Inc.
PYPL,
dropped 2.86% to $114.50, and Ebang International Holdings Inc. Cl A
EBON,
shares shed 2.27% to $1.28. NVIDIA Corp.
NVDA,
dropped 3.34% to $256.38, and Advanced Micro Devices Inc.
AMD,
shed 2.86% to $112.55.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.61% to $34.16. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 2.39% to $17.19. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.43% to $28.34.
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.
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