All of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
DOGEUSD
seeing the biggest move, tumbling 6.04% to 18 cents.
Cardano
ADAUSD
fell 3.84% to $1.22, and Polkadot
DOTUSD
dropped 3.66% to $25.18.
Uniswap
UNIUSD
shed 3.66% to $14.53 on Wednesday, while Bitcoin Cash
BCHUSD
shed 2.66% to $425.18 and Litecoin
LTCUSD
shed 2.67% to $146.40.
Ripple
XRPUSD
and Ethereum
ETHUSD
fell 2.58% to 80 cents and 2.03% to $3,775.90
Bitcoin
BTCUSD
rounded out the decreases with a 1.86% decline to $47,383.44.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 2.71% to $248.93, while MicroStrategy Inc.
MSTR
declined 1.80% to $569.92. Riot Blockchain Inc.
RIOT
shares fell 4.93% to $23.70, and shares of Marathon Digital Holdings Inc.
MARA
declined 3.54% to $36.01.
Overstock.com Inc.
OSTK
shed 3.23% to $65.05, while Block Inc.
SQ
fell 3.70% to $164.41 and Tesla Inc.
TSLA
inched down 0.38% to $954.89.
PayPal Holdings Inc.
PYPL
sank 0.99% to $184.95, and Ebang International Holdings Inc. Cl A
EBON
shares fell 8.39% to $1.37. NVIDIA Corp.
NVDA
sank 0.38% to $282.30, and Advanced Micro Devices Inc.
AMD
shed 0.99% to $133.95.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 1.26% to $45.63. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 1.66% to $21.96. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.69% to $36.08.
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.
