Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
seeing the biggest move, shedding 2.00% to 49 cents.
Uniswap
UNIUSD,
lead the increases with a 1.38% climb to $4.13.
Three other currencies posted drops Wednesday. Polkadot
DOTUSD,
fell 1.02% to $3.76, and Bitcoin
BTCUSD,
inched down 0.92% to $27,137.60.
Dogecoin
DOGEUSD,
which rounded out the decreases, slipped 0.25% to 6 cents.
In addition to Uniswap, four other cryptocurrencies saw increases. Solana
SOLUSD,
climbed 1.09% to $22.24, and Ethereum
ETHUSD,
rose 0.86% to $1,573.27.
Polygon
MATICUSD,
and Cardano
ADAUSD,
rounded out the increases, ticking up 0.50% to 52 cents and 0.16% to 0 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 2.15% to $77.91, while MicroStrategy Inc.
MSTR,
dropped 1.85% to $334.16. Riot Platforms Inc.
RIOT,
shares declined 5.02% to $9.65, and shares of Marathon Digital Holdings Inc.
MARA,
dropped 6.62% to $7.90.
Overstock.com Inc.
OSTK,
rose 0.12% to $16.74, while Block Inc.
SQ,
increased 1.37% to $46.63 and Tesla Inc.
TSLA,
climbed 0.17% to $264.07.
PayPal Holdings Inc.
PYPL,
rose 1.03% to $58.31, and Ebang International Holdings Inc.
EBON,
shares rose 0.14% to $7.11. NVIDIA Corp.
NVDA,
climbed 0.97% to $462.44, and Advanced Micro Devices Inc.
AMD,
inched down 0.30% to $108.69.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
inched down 0.79% to $20.11. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 1.78% to $6.61. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, shed 1.06% to $20.36.
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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