Most large cryptocurrencies decline on Litecoin, Dogecoin drops

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
LTCUSD,
-3.43%

seeing the biggest change, falling 1.72% to $49.81.

Seven additional currencies posted decreases Wednesday. Dogecoin
DOGEUSD,
-3.34%

dropped 1.47% to 7 cents, and Bitcoin
BTCUSD,
-2.68%

declined 1.36% to $20,181.18.

Ethereum
ETHUSD,
-5.30%

fell 1.36% to $1,139.11, while Uniswap
UNIUSD,
-0.92%

slid 1.00% to $5.35. Bitcoin Cash
BCHUSD,
-2.75%

slipped 0.67% to $106.00.

Ripple
XRPUSD,
-2.96%

and Cardano
ADAUSD,
-2.26%

rounded out the decreases for Wednesday, dropping 0.55% to 32 cents and 0.23% to 46 cents, respectively.

On the other hand, Polkadot
DOTUSD,
-4.00%

posted the only increase among the largest cryptos, rising 0.23% to $6.92.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.16%

climbed 0.22% to $55.53, while MicroStrategy Inc.
MSTR,
-3.40%

rallied 2.73% to $192.81. Riot Blockchain Inc.
RIOT,
-0.72%

shares shed 1.06% to $4.68, and shares of Marathon Digital Holdings Inc.
MARA,
-1.66%

dropped 1.48% to $5.98.

Overstock.com Inc.
OSTK,
+1.01%

declined 2.48% to $27.37, while Block Inc.
SQ,
+3.04%

slipped 0.14% to $66.64 and Tesla Inc.
TSLA,
-0.48%

sank 0.78% to $693.77.

PayPal Holdings Inc.
PYPL,
+1.79%

slipped 0.31% to $74.17, and Ebang International Holdings Inc. Cl A
EBON,
-6.93%

shares declined 1.67% to 45 cents. NVIDIA Corp.
NVDA,
+0.40%

rose 0.41% to $150.26, and Advanced Micro Devices Inc.
AMD,
-0.58%

slipped 0.31% to $74.51.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.14%

slid 0.29% to $18.95. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.62%
,
which is focused on pure-play crypto companies, shed 1.48% to $5.99. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.78% to $12.70.


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.