Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano ADAUSD, -8.26% seeing the biggest move, declining 7.99% to $1.62.
Polkadot DOTUSD, -5.31% fell 5.11% to $38.80, while Ethereum ETHUSD, -3.11% dropped 3.50% to $4,199.01. Ripple XRPUSD, -3.33% declined 3.46% to $1.02.
Litecoin LTCUSD, -3.58% and Bitcoin BTCUSD, -1.90% rounded out the decreases for Wednesday, dropping 3.22% to $207.62 and 2.69% to $56,144.09, respectively.
On the other hand, Bitcoin Cash BCHUSD, +3.06% posted the only increase among the largest cryptos, rising 1.87% to $578.25.
In crypto-related company news, shares of Coinbase Global Inc. COIN, -1.14% declined 1.81% to $311.47, while MicroStrategy Inc. MSTR, -0.02% rose 0.05% to $697.09. Riot Blockchain Inc. RIOT, -0.39% shares declined 1.91% to $35.44, and shares of Marathon Digital Holdings Inc. MARA, -2.30% dropped 2.23% to $50.96.
Overstock.com Inc. OSTK, +0.65% climbed 0.22% to $92.96, while Square Inc. Cl A SQ, +1.83% rallied 1.04% to $212.75 and Tesla Inc. TSLA, +1.04% slipped 0.20% to $1,106.86.
PayPal Holdings Inc. PYPL, -0.26% inched down 0.20% to $187.67, and Ebang International Holdings Inc. Cl A EBON, +4.04% shares shed 1.86% to $1.58. NVIDIA Corp. NVDA, +2.30% slipped 0.52% to $315.80, and Advanced Micro Devices Inc. AMD, +3.70% rose 0.20% to $151.72.
In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, -0.52%, which is focused on pure-play crypto companies, dropped 1.86% to $29.34. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -0.34% shed 1.98% to $55.52. Grayscale Bitcoin Trust GBTC, -2.84%, which tracks the Bitcoin market price, shed 3.48% to $45.25.
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.
