Cardano leads way as most big cryptocurrencies post decreases

Bitcoin
BTCUSD,
+0.47%
shed 2.49% to $42,493.30, while Ripple
XRPUSD,
-0.60%
fell 1.78% to 57 cents. Polygon
MATICUSD,
+1.02%
fell 1.64% to 84 cents.

Dogecoin
DOGEUSD,
+0.40%
and Uniswap
UNIUSD,
-0.13%
rounded out the decreases for Wednesday, dropping 1.49% to 8 cents and 1.23% to $6.80, respectively.

On the other hand, Solana
SOLUSD,
-1.05%
posted the only increase among the largest cryptos, rising 2.36% to $100.74.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.01%
dropped 3.28% to $129.49, while MicroStrategy Inc.
MSTR,
+3.50%
sank 0.77% to $478.43. Riot Platforms Inc.
RIOT,
-3.72%
shares declined 4.43% to $10.79, and shares of Marathon Digital Holdings Inc.
MARA,
-2.92%
declined 3.26% to $17.20.

Block Inc.
SQ,
-1.93%
declined 4.68% to $62.11 and Tesla Inc.
TSLA,
-1.98%
dropped 2.74% to $213.88.

PayPal Holdings Inc.
PYPL,
+2.46%
shed 3.28% to $56.53, and Ebang International Holdings Inc.
EBON,
+6.76%
shares fell 4.33% to $9.06. NVIDIA Corp.
NVDA,
-0.58%
fell 2.76% to $548.24, and Advanced Micro Devices Inc.
AMD,
+0.90%
shed 2.64% to $154.55.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.85%
fell 1.93% to $26.45. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.31%,
which is focused on pure-play crypto companies, dropped 3.48% to $8.79.

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.