All large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
seeing the biggest move, shedding 3.99% to 26 cents.
Polygon
MATICUSD,
dropped 2.98% to 58 cents, and Uniswap
UNIUSD,
declined 2.04% to $4.70.
Dogecoin
DOGEUSD,
fell 2.04% to 7 cents on Wednesday, while Polkadot
DOTUSD,
dropped 1.77% to $4.58 and Ripple
XRPUSD,
declined 1.83% to 53 cents.
Solana
SOLUSD,
and Bitcoin
BTCUSD,
fell 1.61% to $21.40 and 0.83% to $27,365.30
Ethereum
ETHUSD,
rounded out the decreases with a 0.59% decline to $1,717.45.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
inched down 0.19% to $84.54, while MicroStrategy Inc.
MSTR,
dropped 2.73% to $371.10. Riot Platforms Inc.
RIOT,
shares fell 3.62% to $11.86, and shares of Marathon Digital Holdings Inc.
MARA,
dropped 3.29% to $13.23.
Overstock.com Inc.
OSTK,
slipped 0.21% to $26.52, while Block Inc.
SQ,
climbed 0.40% to $57.99 and Tesla Inc.
TSLA,
slid 0.83% to $255.04.
PayPal Holdings Inc.
PYPL,
rose 0.76% to $62.98, and Ebang International Holdings Inc.
EBON,
shares rose 2.07% to $7.84. NVIDIA Corp.
NVDA,
rose 0.54% to $490.46, and Advanced Micro Devices Inc.
AMD,
rose 0.01% to $105.93.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
inched down 0.80% to $22.34. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 1.83% to $7.92. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 2.80% to $19.99.
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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