Large cryptocurrencies fall as Cardano declines

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All large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
+2.89%
seeing the biggest change, tumbling 3.93% to 48 cents.

Solana
SOLUSD,
+1.10%
dropped 1.55% to $95.50, and Ripple
XRPUSD,
0.02
dropped 1.27% to 50 cents.

Polygon
MATICUSD,
+0.20%
declined 1.27% to 80 cents on Wednesday, while Ethereum
ETHUSD,
-0.17%
slid 0.74% to $2,364.30 and Uniswap
UNIUSD,
-0.93%
slipped 0.87% to $6.26.

Bitcoin
BTCUSD,
+1.03%
and Dogecoin
DOGEUSD,
+0.13%
fell 0.42% to $42,999.00 and 0.27% to 8 cents

Polkadot
DOTUSD,
-0.08%
posted the smallest drop with a 0.09% decline to $6.79.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.90%
fell 2.95% to $116.26, while MicroStrategy Inc.
MSTR,
+2.01%
fell 3.89% to $478.62. Riot Platforms Inc.
RIOT,
+4.72%
shares fell 2.31% to $10.56, and shares of Marathon Digital Holdings Inc.
MARA,
+2.81%
shed 3.96% to $16.39.

Block Inc.
SQ,
+1.96%
dropped 1.61% to $65.92 and Tesla Inc.
TSLA,
+1.34%
inched down 0.27% to $184.60.

PayPal Holdings Inc.
PYPL,
-0.74%
inched down 0.65% to $63.30, and Ebang International Holdings Inc.
EBON,
-2.68%
shares declined 2.90% to $8.71. NVIDIA Corp.
NVDA,
+2.75%
rose 0.91% to $688.43, and Advanced Micro Devices Inc.
AMD,
+1.82%
increased 1.20% to $169.90.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.78%
inched down 0.63% to $26.81. The Bitwise Crypto Industry Innovators ETF
BITQ,
+1.98%,
which is focused on pure-play crypto companies, shed 2.10% to $8.40.


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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