Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Litecoin
LTCUSD
seeing the biggest move, rising 2.54% to $53.67.
Seven additional currencies posted gains Wednesday. Uniswap
UNIUSD
rallied 2.17% to $5.47, and Bitcoin
BTCUSD
climbed 1.63% to $19,280.32.
Cardano
ADAUSD
climbed 1.52% to 45 cents, while Polkadot
DOTUSD
rose 1.11% to $6.35. Dogecoin
DOGEUSD
climbed 0.44% to 6 cents.
Bitcoin Cash
BCHUSD
and Ethereum
ETHUSD
rounded out the increases for Wednesday, with gains of 0.44% to $114.54 and 0.43% to $1,348.40, respectively.
On the other hand, Ripple
XRPUSD
posted the only drop, falling 0.56% to 40 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
increased 3.62% to $70.40, while MicroStrategy Inc.
MSTR
increased 1.63% to $199.80. Riot Blockchain Inc.
RIOT
shares increased 3.70% to $6.45, and shares of Marathon Digital Holdings Inc.
MARA
rallied 6.14% to $10.89.
Overstock.com Inc.
OSTK
inched down 0.33% to $25.34, while Block Inc.
SQ
sank 0.72% to $61.03 and Tesla Inc.
TSLA
slid 0.31% to $307.78.
PayPal Holdings Inc.
PYPL
climbed 0.43% to $92.02, and Ebang International Holdings Inc. Cl A
EBON
shares shed 2.05% to 41 cents. NVIDIA Corp.
NVDA
rallied 1.25% to $133.41, and Advanced Micro Devices Inc.
AMD
climbed 0.43% to $75.92.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, increased 1.62% to $6.80. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
rallied 1.50% to $19.61. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 2.06% to $11.90.
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.
