Bitcoin leads way as largest cryptocurrencies post increases

All of the largest cryptocurrencies were up during morning trading on Wednesday, with Bitcoin
BTCUSD,
+1.88%

seeing the biggest move, rallying 3.02% to $40,606.14.

Ethereum
ETHUSD,
+2.34%

rallied 2.16% to $2,682.23, while Polkadot
DOTUSD,
+1.14%

rose 1.65% to $18.17.

Cardano
ADAUSD,
+1.27%

and Dogecoin
DOGEUSD,
+1.32%

climbed 1.29% to 81 cents and 1.04% to 11 cents, respectively.

Uniswap
UNIUSD,
+0.80%

climbed 0.49% to $8.72, and Ripple
XRPUSD,
+1.10%

rose 0.49% to 77 cents.

Bitcoin Cash
BCHUSD,
+1.07%

and Litecoin
LTCUSD,
+0.79%

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,
+8.84%

climbed 5.53% to $164.60, while MicroStrategy Inc.
MSTR,
+4.52%

climbed 4.51% to $413.99. Riot Blockchain Inc.
RIOT,
+5.90%

shares rose 5.70% to $15.76, and shares of Marathon Digital Holdings Inc.
MARA,
+5.09%

climbed 5.31% to $23.60.

Overstock.com Inc.
OSTK,
+5.25%

rose 3.00% to $46.67, while Block Inc.
SQ,
+9.25%

rose 6.21% to $109.49 and Tesla Inc.
TSLA,
+2.94%

rose 3.09% to $826.67.

PayPal Holdings Inc.
PYPL,
+4.90%

rose 2.57% to $103.04, and Ebang International Holdings Inc. Cl A
EBON,
+11.88%

shares rose 8.42% to $1.10. NVIDIA Corp.
NVDA,
+3.68%

increased 3.71% to $238.26, and Advanced Micro Devices Inc.
AMD,
+3.57%

climbed 2.57% to $112.88.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+6.67%
,
which is focused on pure-play crypto companies, rose 6.98% to $15.17. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.96%

rallied 3.69% to $31.44. Grayscale Bitcoin Trust
GBTC,
+2.01%
,
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.