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Large cryptocurrencies mixed as Solana climbs

Large cryptocurrencies were mixed during morning trading on Wednesday, with Solana
SOLUSD,
+1.14%
seeing the biggest move, rising 1.34% to $18.12.

Ripple
XRPUSD,
-0.51%
led the decreases with a 0.26% drop to 48 cents.

Five other cryptocurrencies saw increases Wednesday. Uniswap
UNIUSD,
+0.40%
rose 0.97% to $4.26, and Polkadot
DOTUSD,
+0.22%
rose 0.64% to $4.02.

Cardano
ADAUSD,
-0.51%
rose 0.49% to 25 cents, and Polygon
MATICUSD,
+0.60%
climbed 0.41% to 51 cents.

Bitcoin
BTCUSD,
+0.18%,
which saw the smallest increase, rose 0.16% to $26,122.20.

In addition to Ripple, two other currencies posted drops. Dogecoin
DOGEUSD,
+0.20%
sank 0.23% to 6 cents, and Ethereum
ETHUSD,
+0.88%
slid 0.17% to $1,596.48.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.80%
climbed 0.06% to $81.37, while MicroStrategy Inc.
MSTR,
-1.70%
sank 0.63% to $345.58. Riot Platforms Inc.
RIOT,
-2.47%
shares fell 1.09% to $10.43, and shares of Marathon Digital Holdings Inc.
MARA,
-2.66%
shed 3.35% to $9.82.

Overstock.com Inc.
OSTK,
+5.37%
climbed 4.06% to $21.14, while Block Inc.
SQ,
-0.33%
slid 0.78% to $53.91 and Tesla Inc.
TSLA,
+1.43%
rose 1.75% to $272.17.

PayPal Holdings Inc.
PYPL,
+0.05%
slid 0.48% to $62.51, and Ebang International Holdings Inc.
EBON,
-1.89%
shares fell 1.08% to $7.34. NVIDIA Corp.
NVDA,
+1.37%
climbed 0.67% to $451.72, and Advanced Micro Devices Inc.
AMD,
+2.28%
increased 1.16% to $106.53.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.13%
sank 0.66% to $21.05. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.81%,
which is focused on pure-play crypto companies, slid 0.74% to $7.12. Grayscale Bitcoin Trust
GBTC,
-0.26%,
which tracks the Bitcoin market price, climbed 0.58% to $19.37.


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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