Litecoin leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
LTCUSD,
-3.24%
seeing the biggest move, falling 3.07% to $138.07.

Six additional currencies posted drops Wednesday. Bitcoin Cash
BCHUSD,
-2.94%
fell 2.37% to $373.93, and Cardano
ADAUSD,
-4.81%
declined 2.07% to $1.44.

Uniswap
UNIUSD,
-3.05%
fell 2.07% to $15.81, while Polkadot
DOTUSD,
-2.87%
shed 1.77% to $24.74. Ripple
XRPUSD,
-2.09%
dropped 1.37% to 75 cents.

Ethereum
ETHUSD,
-0.52%,
which posted the smallest decrease, sank 0.33% to $3,153.90

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
-0.62%
seeing the largest rise at 0.37% to $42,557.94. Dogecoin
DOGEUSD,
-1.34%
climbed 0.08% to 17 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.82%
increased 1.30% to $224.89, while MicroStrategy Inc.
MSTR,
+1.65%
climbed 4.08% to $487.39. Riot Blockchain Inc.
RIOT,
-1.50%
shares rose 1.82% to $19.04, and shares of Marathon Digital Holdings Inc.
MARA,
+0.42%
increased 1.63% to $26.50.

Overstock.com Inc.
OSTK,
+1.42%
rose 1.38% to $47.69, while Block Inc.
SQ,
+0.32%
climbed 1.34% to $131.74 and Tesla Inc.
TSLA,
-1.31%
held steady at $1,030.51.

PayPal Holdings Inc.
PYPL,
+0.99%
increased 1.29% to $176.71, and Ebang International Holdings Inc. Cl A
EBON,
-3.21%
shares were flat at 94 cents. NVIDIA Corp.
NVDA,
-0.64%
rallied 1.88% to $263.90, and Advanced Micro Devices Inc.
AMD,
-0.82%
increased 1.29% to $133.58.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.30%,
which is focused on pure-play crypto companies, rose 2.38% to $18.06. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.11%
increased 1.54% to $36.15. Grayscale Bitcoin Trust
GBTC,
+1.16%,
which tracks the Bitcoin market price, rallied 3.01% to $29.43.


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.


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