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Most large cryptocurrencies fall on Bitcoin Cash, Ethereum drops

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Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Bitcoin Cash BCHUSD seeing the biggest change, tumbling 4.28% to $363.35.

Six additional currencies posted drops Wednesday. Ethereum ETHUSD shed 1.56% to $2,954.71, and Bitcoin BTCUSD shed 1.34% to $42,039.47.

Litecoin LTCUSD declined 1.34% to $120.01, while Ripple XRPUSD inched down 0.90% to 83 cents. Dogecoin DOGEUSD sank 0.67% to 12 cents.

Uniswap UNIUSD, which posted the smallest decrease, slid 0.51% to $9.82

On the other hand, two cryptos posted increases, with Cardano ADAUSD seeing the largest rise at 7.47% to $1.04. Polkadot DOTUSD rallied 3.38% to $20.62.

In crypto-related company news, shares of Coinbase Global Inc. COIN fell 1.96% to $182.43, while MicroStrategy Inc. MSTR declined 2.38% to $449.00. Riot Blockchain Inc. RIOT shares dropped 3.47% to $20.03, and shares of Marathon Digital Holdings Inc. MARA shed 2.79% to $28.62.

Overstock.com Inc. OSTK dropped 1.38% to $49.90, while Block Inc. SQ declined 4.08% to $136.01 and Tesla Inc. TSLA climbed 0.35% to $997.47.

PayPal Holdings Inc. PYPL dropped 2.86% to $114.50, and Ebang International Holdings Inc. Cl A EBON shares shed 2.27% to $1.28. NVIDIA Corp. NVDA dropped 3.34% to $256.38, and Advanced Micro Devices Inc. AMD shed 2.86% to $112.55.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK dropped 1.61% to $34.16. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, fell 2.39% to $17.19. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, fell 1.43% to $28.34.

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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