The largest cryptocurrencies were mixed during morning trading on Wednesday, with Litecoin
LTCUSD,
seeing the biggest move, rising 2.85% to $150.11.
Ripple
XRPUSD,
led the decreases with a 1.79% drop to 84 cents.
Three other cryptocurrencies saw increases Wednesday. Polkadot
DOTUSD,
increased 2.11% to $28.57, and Bitcoin
BTCUSD,
climbed 0.54% to $47,844.98.
Uniswap
UNIUSD,
which saw the smallest increase, rose 0.10% to $18.31.
In addition to Ripple, four other currencies posted drops. Dogecoin
DOGEUSD,
shed 1.16% to 17 cents, and Cardano
ADAUSD,
dropped 1.06% to $1.39.
Bitcoin Cash
BCHUSD,
and Ethereum
ETHUSD,
also recorded declines, falling 0.68% to $439.22 and 0.64% to $3,783.28, respectively.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 1.68% to $256.95, while MicroStrategy Inc.
MSTR,
dropped 1.74% to $558.07. Riot Blockchain Inc.
RIOT,
shares declined 4.44% to $22.60, and shares of Marathon Digital Holdings Inc.
MARA,
declined 3.17% to $34.03.
Overstock.com Inc.
OSTK,
fell 3.31% to $58.13, while Block Inc.
SQ,
dropped 2.21% to $160.06 and Tesla Inc.
TSLA,
sank 0.96% to $1,078.06.
PayPal Holdings Inc.
PYPL,
inched down 0.55% to $189.05, and Ebang International Holdings Inc. Cl A
EBON,
shares fell 1.40% to $1.06. NVIDIA Corp.
NVDA,
dropped 1.86% to $297.57, and Advanced Micro Devices Inc.
AMD,
dropped 0.55% to $150.15.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 1.87% to $21.53. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
fell 2.51% to $40.42. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.50% to $36.14.
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.
