All large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
+2.67%
seeing the biggest change, declining 4.52% to 50 cents.
Uniswap
UNIUSD,
+2.09%
fell 4.33% to $6.03, and Solana
SOLUSD,
+2.10%
fell 4.27% to $99.83.
Polkadot
DOTUSD,
+3.04%
dropped 4.27% to $6.71 on Wednesday, while Dogecoin
DOGEUSD,
-0.15%
declined 2.71% to 8 cents and Ethereum
ETHUSD,
+0.07%
fell 3.06% to $2,307.60.
Polygon
MATICUSD,
-0.92%
and Bitcoin
BTCUSD,
+0.19%
fell 1.85% to 80 cents and 1.55% to $42,871.00
Ripple
XRPUSD,
-0.70%
posted the smallest drop with a 1.38% decline to 50 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.88%
rose 0.65% to $131.67, while MicroStrategy Inc.
MSTR,
+0.74%
fell 1.35% to $512.51. Riot Platforms Inc.
RIOT,
-1.33%
shares fell 1.81% to $11.14, and shares of Marathon Digital Holdings Inc.
MARA,
-1.29%
shed 2.13% to $17.73.
Block Inc.
SQ,
+0.99%
shed 1.51% to $67.19 and Tesla Inc.
TSLA,
-3.12%
dropped 1.23% to $189.24.
PayPal Holdings Inc.
PYPL,
+0.07%
shed 1.64% to $62.64, and Ebang International Holdings Inc.
EBON,
+2.92%
shares declined 3.15% to $8.95. NVIDIA Corp.
NVDA,
+4.62%
dropped 1.74% to $616.79, and Advanced Micro Devices Inc.
AMD,
+3.63%
dropped 2.57% to $167.65.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.07%
slipped 0.73% to $27.25. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.79%,
which is focused on pure-play crypto companies, dropped 2.20% to $9.06.
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.
Read the full article here