Largest cryptocurrencies fall as Ripple declines
All of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple seeing the biggest change, falling 3.37% to 45 cents. Cardano...
All of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD,
+0.41%
seeing the biggest change, falling 3.37% to 45 cents.
Cardano
ADAUSD,
-0.09%
shed 2.83% to 35 cents, and Uniswap
UNIUSD,
-0.36%
declined 2.25% to $6.47.
Ethereum
ETHUSD,
-0.24%
shed 2.25% to $1,293.21 on Wednesday, while Polkadot
DOTUSD,
+0.67%
shed 1.33% to $6.09 and Dogecoin
DOGEUSD,
-1.05%
declined 1.35% to 6 cents.
Bitcoin
BTCUSD,
-0.01%
and Bitcoin Cash
BCHUSD,
-1.39%
fell 1.30% to $19,121.01 and 1.29% to $107.48
Litecoin
LTCUSD,
-0.21%
rounded out the decreases with a 1.18% decline to $51.12.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.79%
dropped 3.23% to $64.07, while MicroStrategy Inc.
MSTR,
-3.32%
dropped 2.41% to $229.33. Riot Blockchain Inc.
RIOT,
-3.93%
shares shed 3.58% to $5.66, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%
fell 4.53% to $10.87.
Overstock.com Inc.
OSTK,
-6.52%
fell 6.22% to $23.28, while Block Inc.
SQ,
-13.64%
declined 4.77% to $54.54 and Tesla Inc.
TSLA,
-2.11%
slipped 0.35% to $219.43.
PayPal Holdings Inc.
PYPL,
-2.23%
dropped 2.20% to $83.41, and Ebang International Holdings Inc. Cl A
EBON,
-2.53%
shares declined 3.73% to 34 cents. NVIDIA Corp.
NVDA,
+0.37%
slid 0.71% to $118.82, and Advanced Micro Devices Inc.
AMD,
+2.36%
dropped 2.20% to $57.13.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.86%
dropped 1.85% to $18.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.08%,
which is focused on pure-play crypto companies, shed 2.57% to $5.86. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.80% to $11.22.
Editor's Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.