Published: May 3, 2023 at 10:00 a.m. ET
Most of the large cryptocurrencies were down during morning trading on Wednesday, with Solana Solana USD seeing the biggest move, falling 3.38% to $21.46.
Seven additional currencies posted decreases Wednesday. Cardano Cardano USD shed 2.67% to 38 cents, and Ripple XRP USD fell 2.23% to 45 cents.
Uniswap Uniswap USD shed 2.23% to $5.23, while…
Most of the large cryptocurrencies were down during morning trading on Wednesday, with Solana
SOLUSD
seeing the biggest move, falling 3.38% to $21.46.
Seven additional currencies posted decreases Wednesday. Cardano
ADAUSD
shed 2.67% to 38 cents, and Ripple
XRPUSD
fell 2.23% to 45 cents.
Uniswap
UNIUSD
shed 2.23% to $5.23, while Polkadot
DOTUSD
dropped 1.83% to $5.61. Dogecoin
DOGEUSD
declined 1.19% to 8 cents.
Bitcoin
BTCUSD
and Ethereum
ETHUSD
rounded out the decreases for Wednesday, dropping 1.09% to $28,386.30 and 0.65% to $1,857.84, respectively.
On the other hand, Polygon
MATICUSD
posted the only increase among the largest cryptos, rising 0.90% to 98 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 1.62% to $50.49, while MicroStrategy Inc.
MSTR
fell 3.72% to $315.80. Riot Platforms Inc.
RIOT
shares dropped 6.28% to $11.04, and shares of Marathon Digital Holdings Inc.
MARA
fell 2.83% to $9.28.
Overstock.com Inc.
OSTK
rallied 1.95% to $20.40, while Block Inc.
SQ
rallied 1.41% to $58.57 and Tesla Inc.
TSLA
rose 1.72% to $163.07.
PayPal Holdings Inc.
PYPL
slipped 0.14% to $72.18, and Ebang International Holdings Inc.
EBON
shares dropped 2.02% to $6.30. NVIDIA Corp.
NVDA
dropped 1.85% to $276.89, and Advanced Micro Devices Inc.
AMD
fell 8.78% to $82.02.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
sank 0.10% to $19.33. The Bitwise Crypto Industry Innovators ETF
BITQ
,
which is focused on pure-play crypto companies, fell 1.59% to $6.18. Grayscale Bitcoin Trust
GBTC
,
which tracks the Bitcoin market price, dropped 1.30% to $16.00.
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