Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
seeing the biggest move, rising 4.78% to 44 cents.
Ethereum
ETHUSD,
led the decreases with a 1.70% drop to $1,790.46.
Five other cryptocurrencies saw increases Wednesday. Polygon
MATICUSD,
rose 1.81% to 86 cents, and Dogecoin
DOGEUSD,
climbed 1.44% to 7 cents.
Uniswap
UNIUSD,
climbed 0.70% to $5.15, and Solana
SOLUSD,
rose 0.54% to $20.58.
Cardano
ADAUSD,
which saw the smallest increase, climbed 0.45% to 37 cents.
In addition to Ethereum, two other currencies posted drops. Bitcoin
BTCUSD,
dropped 1.19% to $26,628.10, and Polkadot
DOTUSD,
slid 0.35% to $5.25.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
sank 0.59% to $57.54, while MicroStrategy Inc.
MSTR,
fell 1.08% to $270.50. Riot Platforms Inc.
RIOT,
shares slipped 0.78% to $10.77, and shares of Marathon Digital Holdings Inc.
MARA,
sank 0.65% to $9.19.
Overstock.com Inc.
OSTK,
sank 0.92% to $18.25, while Block Inc.
SQ,
inched down 0.02% to $55.53 and Tesla Inc.
TSLA,
increased 1.88% to $169.65.
PayPal Holdings Inc.
PYPL,
slipped 0.51% to $60.49, and Ebang International Holdings Inc.
EBON,
shares rose 0.72% to $5.58. NVIDIA Corp.
NVDA,
increased 1.13% to $295.43, and Advanced Micro Devices Inc.
AMD,
fell 1.08% to $100.38.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
inched down 0.61% to $19.44. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 1.00% to $6.38. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.09% to $14.47.
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
