All of the largest cryptocurrencies were up during morning trading on Wednesday, with Bitcoin
BTCUSD,
seeing the biggest move, climbing 9.45% to $42,188.90.
Litecoin
LTCUSD,
increased 8.82% to $108.19, while Bitcoin Cash
BCHUSD,
rose 8.68% to $306.40.
Ethereum
ETHUSD,
and Cardano
ADAUSD,
climbed 6.92% to $2,737.90 and 6.52% to 84 cents, respectively.
Uniswap
UNIUSD,
rallied 5.44% to $9.23, and Polkadot
DOTUSD,
rose 5.44% to $17.73.
Ripple
XRPUSD,
and Dogecoin
DOGEUSD,
rounded out the increases for Wednesday, climbing 5.13% to 76 cents and 5.01% to 12 cents, respectively.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 8.82% to $176.27, while MicroStrategy Inc.
MSTR,
rose 9.44% to $449.10. Riot Blockchain Inc.
RIOT,
shares jumped 11.11% to $16.78, and shares of Marathon Digital Holdings Inc.
MARA,
jumped 12.66% to $25.18.
Overstock.com Inc.
OSTK,
rose 3.59% to $53.98, while Block Inc.
SQ,
increased 6.61% to $107.27 and Tesla Inc.
TSLA,
climbed 1.69% to $838.32.
PayPal Holdings Inc.
PYPL,
increased 4.07% to $98.76, and Ebang International Holdings Inc. Cl A
EBON,
shares jumped 12.62% to $1.21. NVIDIA Corp.
NVDA,
increased 5.08% to $226.07, and Advanced Micro Devices Inc.
AMD,
rallied 4.07% to $107.96.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 9.42% to $15.80. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rallied 6.10% to $31.85. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, surged 11.37% to $28.40.
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.