Most large cryptocurrencies decline on Dogecoin, Bitcoin Cash drops

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin DOGEUSD,
-2.50%
seeing the biggest move, dropping 2.88% to 6 cents.

Seven additional currencies posted reductions Wednesday. Bitcoin Cash BCHUSD,
-1.63%
fell 1.76% to $116.56, and Litecoin LTCUSD,
-1.37%
slide 0.98% to $52.78.

Ethereum ETHUSD,
-1.53%
sank 0.98% to $1,112.04, while Cardano ADAUSD,
-1.62%
slide 0.84% ​​to 48 cents. Bitcoin BTCUSD,
-1.08%
inched down 0.75% to $20,680.70.

Polka Dot DOTUSD,
-0.76%
and Ripple XRPUSD,
-0.44%
rounded out the decreases for Wednesday, dropping 0.27% to $7.72 and 0.20% to 33 cents, respectively.

On the other hand, Uniswap UNIUSD,
+11.61%
posted the only increase among the largest cryptos, rising 8.85% to $5.12.

In crypto-related company news, shares of Coinbase Global Inc. COIN,
-6.12%
declined 1.92% to $56.39, while MicroStrategy Inc. MSTR,
+0.60%
slipped 0.26% to $178.49. Riot Blockchain Inc. RIOT,
-4.62%
shares 2.75% to $4.95, and shares of Marathon Digital Holdings Inc. declined MARA,
-1.93%
slide 0.35% to $7.20.

Overstock.com Inc. OSTK,
+0.35%
climbed 0.20% to $29.80, while Block Inc. sq,
+1.92%
increased 1.29% to $61.30 and Tesla Inc. TSLA,
+2.96%
increased 2.18% to $726.62.

PayPal Holdings Inc. PYPL,
+1.78%
climbed 0.80% to $72.95, and Ebang International Holdings Inc. Cl A EBON,
-8.19%
shares declined 5.80% to 50 cents. NVIDIA Corp. NVDA,
-0.83%
slipped 0.62% to $164.64, and Advanced Micro Devices Inc. AMD,
+1.48%
increased 0.80% to $84.80.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK,
-1.04%
slide 0.79% to $19.09. The Bitwise Crypto Industry Innovators ETF BITQ,
-3.08%
which is focused on pure-play crypto companies, declined 2.55% to $6.32. Grayscale Bitcoin Trust GBTC
which tracks the Bitcoin market price, declined 1.37% to $13.33.

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.

Leave a Comment