Most large cryptocurrencies were up during morning trading on Wednesday, with Dogecoin
DOGEUSD,
seeing the biggest move, climbing 8.34% to 10 cents.
Six additional currencies posted rises Wednesday. Polkadot
DOTUSD,
climbed 6.02% to $6.15, and Cardano
ADAUSD,
increased 4.54% to 44 cents.
Solana
SOLUSD,
increased 3.17% to $62.83, while Polygon
MATICUSD,
rose 3.06% to 83 cents. Bitcoin
BTCUSD,
rose 0.09% to $44,039.40.
Ripple
XRPUSD,
which posted the smallest increase, climbed 0.09% to 62 cents.
On the other hand, two cryptos posted decreases, with Uniswap
UNIUSD,
seeing the largest drop at 3.59% to $5.99. Ethereum
ETHUSD,
sank 0.91% to $2,254.12.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 1.48% to $138.12, while MicroStrategy Inc.
MSTR,
inched down 0.12% to $576.80. Riot Platforms Inc.
RIOT,
shares slipped 0.83% to $15.02, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 2.23% to $15.62.
Block Inc.
SQ,
increased 4.65% to $67.91 and Tesla Inc.
TSLA,
climbed 2.16% to $243.88.
PayPal Holdings Inc.
PYPL,
rose 1.42% to $58.75, and Ebang International Holdings Inc.
EBON,
shares fell 4.73% to $7.85. NVIDIA Corp.
NVDA,
climbed 0.09% to $466.07, and Advanced Micro Devices Inc.
AMD,
climbed 1.33% to $119.96.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rose 0.61% to $9.67. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
climbed 0.39% to $26.86. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 2.34% to $35.92.
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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