All large cryptocurrencies were down during morning trading on Wednesday, with Solana
SOLUSD,
seeing the biggest change, tumbling 4.98% to $19.08.
Dogecoin
DOGEUSD,
dropped 3.54% to 7 cents, and Uniswap
UNIUSD,
dropped 3.35% to $4.90.
Ripple
XRPUSD,
shed 3.35% to 45 cents on Wednesday, while Bitcoin
BTCUSD,
shed 2.82% to $26,449.70 and Ethereum
ETHUSD,
fell 2.84% to $1,802.26.
Polkadot
DOTUSD,
and Polygon
MATICUSD,
fell 2.74% to $5.24 and 2.68% to 86 cents
Cardano
ADAUSD,
rounded out the decreases with a 2.24% decline to 36 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
fell 3.16% to $57.23, while MicroStrategy Inc.
MSTR,
shed 2.95% to $280.79. Riot Platforms Inc.
RIOT,
shares dropped 4.74% to $10.75, and shares of Marathon Digital Holdings Inc.
MARA,
shed 3.27% to $9.02.
Overstock.com Inc.
OSTK,
dropped 1.87% to $17.27, while Block Inc.
SQ,
dropped 1.76% to $60.48 and Tesla Inc.
TSLA,
fell 3.15% to $179.91.
PayPal Holdings Inc.
PYPL,
declined 1.04% to $61.36, and Ebang International Holdings Inc.
EBON,
shares shed 5.79% to $6.02. NVIDIA Corp.
NVDA,
fell 1.63% to $301.89, and Advanced Micro Devices Inc.
AMD,
fell 1.01% to $107.03.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.91% to $19.50. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 3.17% to $6.57. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 1.79% to $14.07.
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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