Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
seeing the biggest move, falling 3.07% to $138.07.
Six additional currencies posted drops Wednesday. Bitcoin Cash
fell 2.37% to $373.93, and Cardano
declined 2.07% to $1.44.
fell 2.07% to $15.81, while Polkadot
shed 1.77% to $24.74. Ripple
dropped 1.37% to 75 cents.
which posted the smallest decrease, sank 0.33% to $3,153.90
On the other hand, two cryptos posted increases, with Bitcoin
seeing the largest rise at 0.37% to $42,557.94. Dogecoin
climbed 0.08% to 17 cents.
In crypto-related company news, shares of Coinbase Global Inc.
increased 1.30% to $224.89, while MicroStrategy Inc.
climbed 4.08% to $487.39. Riot Blockchain Inc.
shares rose 1.82% to $19.04, and shares of Marathon Digital Holdings Inc.
increased 1.63% to $26.50.
rose 1.38% to $47.69, while Block Inc.
climbed 1.34% to $131.74 and Tesla Inc.
held steady at $1,030.51.
PayPal Holdings Inc.
increased 1.29% to $176.71, and Ebang International Holdings Inc. Cl A
shares were flat at 94 cents. NVIDIA Corp.
rallied 1.88% to $263.90, and Advanced Micro Devices Inc.
increased 1.29% to $133.58.
In the fund space, the Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, rose 2.38% to $18.06. Blockchain-focused Amplify Transformational Data Sharing ETF
increased 1.54% to $36.15. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, rallied 3.01% to $29.43.