All of the largest cryptocurrencies were up during morning trading on Wednesday, with Bitcoin
BTCUSD,
seeing the biggest move, rallying 3.02% to $40,606.14.
Ethereum
ETHUSD,
rallied 2.16% to $2,682.23, while Polkadot
DOTUSD,
rose 1.65% to $18.17.
Cardano
ADAUSD,
and Dogecoin
DOGEUSD,
climbed 1.29% to 81 cents and 1.04% to 11 cents, respectively.
Uniswap
UNIUSD,
climbed 0.49% to $8.72, and Ripple
XRPUSD,
rose 0.49% to 77 cents.
Bitcoin Cash
BCHUSD,
and Litecoin
LTCUSD,
rounded out the increases for Wednesday, climbing 0.49% to $291.18 and 0.37% to $107.79, respectively.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 5.53% to $164.60, while MicroStrategy Inc.
MSTR,
climbed 4.51% to $413.99. Riot Blockchain Inc.
RIOT,
shares rose 5.70% to $15.76, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 5.31% to $23.60.
Overstock.com Inc.
OSTK,
rose 3.00% to $46.67, while Block Inc.
SQ,
rose 6.21% to $109.49 and Tesla Inc.
TSLA,
rose 3.09% to $826.67.
PayPal Holdings Inc.
PYPL,
rose 2.57% to $103.04, and Ebang International Holdings Inc. Cl A
EBON,
shares rose 8.42% to $1.10. NVIDIA Corp.
NVDA,
increased 3.71% to $238.26, and Advanced Micro Devices Inc.
AMD,
climbed 2.57% to $112.88.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 6.98% to $15.17. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rallied 3.69% to $31.44. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 2.04% to $26.88.
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.
