All large cryptocurrencies were down during morning trading on Wednesday, with Polygon
MATICUSD,
seeing the biggest move, dropping 9.57% to 93 cents.
Cardano
ADAUSD,
fell 6.61% to 59 cents, and Solana
SOLUSD,
shed 5.34% to $101.79.
Polkadot
DOTUSD,
dropped 5.34% to $7.30 on Wednesday, while Ripple
XRPUSD,
dropped 4.56% to 54 cents and Uniswap
UNIUSD,
declined 5.07% to $7.16.
Ethereum
ETHUSD,
and Dogecoin
DOGEUSD,
fell 3.32% to $2,891.24 and 2.97% to 8 cents
Bitcoin
BTCUSD,
rounded out the decreases with a 2.17% decline to $50,909.00.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 5.54% to $163.70, while MicroStrategy Inc.
MSTR,
shed 4.73% to $671.65. Riot Platforms Inc.
RIOT,
shares shed 4.55% to $15.31, and shares of Marathon Digital Holdings Inc.
MARA,
declined 5.06% to $23.27.
Block Inc.
SQ,
dropped 1.82% to $64.53 and Tesla Inc.
TSLA,
climbed 1.78% to $197.20.
PayPal Holdings Inc.
PYPL,
sank 0.92% to $58.09, and Ebang International Holdings Inc.
EBON,
shares climbed 2.43% to $10.53. NVIDIA Corp.
NVDA,
dropped 1.66% to $682.98, and Advanced Micro Devices Inc.
AMD,
inched down 0.97% to $164.09.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 2.62% to $30.80. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 4.54% to $10.73.
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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