Most large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
seeing the biggest move, climbing 8.76% to $32.76.
Seven additional currencies posted upswings Wednesday. Polygon
MATICUSD,
rose 3.26% to 64 cents, and Bitcoin
BTCUSD,
rose 2.49% to $34,476.10.
Cardano
ADAUSD,
rose 2.34% to 28 cents, while Polkadot
DOTUSD,
climbed 2.18% to $4.25. Uniswap
UNIUSD,
increased 1.18% to $4.22.
Ethereum
ETHUSD,
and Dogecoin
DOGEUSD,
rounded out the increases for Wednesday, with gains of 1.18% to $1,792.67 and 0.49% to 7 cents, respectively.
On the other hand, Ripple
XRPUSD,
posted the only drop, falling 0.76% to 55 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
sank 0.55% to $81.62, while MicroStrategy Inc.
MSTR,
increased 1.18% to $429.90. Riot Platforms Inc.
RIOT,
shares increased 1.06% to $10.78, and shares of Marathon Digital Holdings Inc.
MARA,
dropped 2.46% to $9.52.
Overstock.com Inc.
OSTK,
fell 5.52% to $15.07, while Block Inc.
SQ,
dropped 6.77% to $42.28 and Tesla Inc.
TSLA,
rose 0.60% to $217.82.
PayPal Holdings Inc.
PYPL,
dropped 4.09% to $52.02, and Ebang International Holdings Inc.
EBON,
shares shed 7.75% to $6.90. NVIDIA Corp.
NVDA,
shed 1.26% to $431.13, and Advanced Micro Devices Inc.
AMD,
fell 1.76% to $99.88.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, inched down 0.56% to $7.11. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
sank 0.90% to $20.83. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.55% to $26.30.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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