Most large cryptocurrencies rise as Dogecoin climbs

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Most large cryptocurrencies were up during morning trading on Wednesday, with Dogecoin
DOGEUSD,
+3.32%
seeing the biggest move, climbing 8.34% to 10 cents.

Six additional currencies posted rises Wednesday. Polkadot
DOTUSD,
+4.32%
climbed 6.02% to $6.15, and Cardano
ADAUSD,
+5.60%
increased 4.54% to 44 cents.

Solana
SOLUSD,
+5.01%
increased 3.17% to $62.83, while Polygon
MATICUSD,
+2.53%
rose 3.06% to 83 cents. Bitcoin
BTCUSD,
-0.81%
rose 0.09% to $44,039.40.

Ripple
XRPUSD,
+2.04%,
which posted the smallest increase, climbed 0.09% to 62 cents.

On the other hand, two cryptos posted decreases, with Uniswap
UNIUSD,
-3.43%
seeing the largest drop at 3.59% to $5.99. Ethereum
ETHUSD,
-1.30%
sank 0.91% to $2,254.12.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.97%
dropped 1.48% to $138.12, while MicroStrategy Inc.
MSTR,
-1.49%
inched down 0.12% to $576.80. Riot Platforms Inc.
RIOT,
-2.51%
shares slipped 0.83% to $15.02, and shares of Marathon Digital Holdings Inc.
MARA,
+1.70%
climbed 2.23% to $15.62.

Block Inc.
SQ,
+4.79%
increased 4.65% to $67.91 and Tesla Inc.
TSLA,
+0.27%
climbed 2.16% to $243.88.

PayPal Holdings Inc.
PYPL,
+2.78%
rose 1.42% to $58.75, and Ebang International Holdings Inc.
EBON,
-0.85%
shares fell 4.73% to $7.85. NVIDIA Corp.
NVDA,
-2.28%
climbed 0.09% to $466.07, and Advanced Micro Devices Inc.
AMD,
-1.32%
climbed 1.33% to $119.96.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-1.35%,
which is focused on pure-play crypto companies, rose 0.61% to $9.67. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.23%
climbed 0.39% to $26.86. Grayscale Bitcoin Trust
GBTC,
-0.51%,
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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