Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot DOTUSD seeing the biggest change, declining 3.03% to $49.71.
Six additional currencies posted reductions Wednesday. Dogecoin DOGEUSD dropped 3.00% to 27 cents, and Bitcoin BTCUSD shed 1.88% to $61,949.86.
Uniswap UNIUSD shed 1.88% to $25.48, while Bitcoin Cash BCHUSD slipped 1.00% to $594.96. Litecoin LTCUSD sank 0.94% to $198.75.
Ethereum ETHUSD, which posted the smallest decrease, sank 0.29% to $4,492.19
On the other hand, two cryptos posted increases, with Cardano ADAUSD seeing the largest rise at 4.07% to $2.05. Ripple XRPUSD climbed 3.06% to $1.16.
In crypto-related company news, shares of Coinbase Global Inc. COIN shed 2.28% to $328.66, while MicroStrategy Inc. MSTR slid 0.71% to $788.50. Riot Blockchain Inc. RIOT shares fell 4.42% to $30.49, and shares of Marathon Digital Holdings Inc. MARA dropped 6.32% to $59.34.
Overstock.com Inc. OSTK increased 2.63% to $104.03, while Square Inc. Cl A SQ rose 0.47% to $250.18 and Tesla Inc. TSLA climbed 0.49% to $1,177.72.
PayPal Holdings Inc. PYPL shed 1.36% to $226.34, and Ebang International Holdings Inc. Cl A EBON shares sank 0.69% to $2.16. NVIDIA Corp. NVDA rose 0.59% to $265.58, and Advanced Micro Devices Inc. AMD increased 1.36% to $129.09.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK fell 1.76% to $57.95. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, dropped 2.22% to $30.27. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, dropped 2.69% to $49.11.
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.
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