Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
seeing the biggest move, rising 3.33% to 66 cents.
Bitcoin
BTCUSD,
led the decreases with a 0.40% drop to $29,862.40.
Five other cryptocurrencies saw increases Wednesday. Dogecoin
DOGEUSD,
rallied 1.27% to 8 cents, and Solana
SOLUSD,
rose 0.90% to $24.70.
Polygon
MATICUSD,
rose 0.46% to 69 cents, and Uniswap
UNIUSD,
climbed 0.39% to $6.13.
Polkadot
DOTUSD,
which saw the smallest increase, rose 0.20% to $5.07.
In addition to Bitcoin, two other currencies posted decreases. Ethereum
ETHUSD,
slipped 0.21% to $1,859.50, and Cardano
ADAUSD,
inched down 0.07% to 30 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
slipped 0.02% to $88.02, while MicroStrategy Inc.
MSTR,
climbed 0.50% to $391.44. Riot Platforms Inc.
RIOT,
shares sank 0.56% to $17.00, and shares of Marathon Digital Holdings Inc.
MARA,
rose 2.70% to $16.15.
Overstock.com Inc.
OSTK,
sank 0.86% to $32.22, while Block Inc.
SQ,
rallied 2.66% to $64.04 and Tesla Inc.
TSLA,
fell 1.16% to $246.80.
PayPal Holdings Inc.
PYPL,
slipped 0.70% to $62.75, and Ebang International Holdings Inc.
EBON,
shares inched down 0.87% to $8.38. NVIDIA Corp.
NVDA,
shed 2.76% to $434.30, and Advanced Micro Devices Inc.
AMD,
declined 1.77% to $111.22.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
slid 0.18% to $24.30. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, slipped 0.22% to $9.06. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.40% to $20.17.
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
