Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
seeing the biggest change, dropping 5.11% to $5.96.
On the other hand, Bitcoin Cash
posted the only increase among the largest cryptos, rising 2.31% to $105.85.
In crypto-related company news, shares of Coinbase Global Inc.
shed 8.14% to $51.01, while MicroStrategy Inc.
declined 5.34% to $162.37. Riot Blockchain Inc.
shares declined 6.30% to $4.89, and shares of Marathon Digital Holdings Inc.
dropped 5.80% to $8.95.
PayPal Holdings Inc.
dropped 2.62% to $87.51, and Ebang International Holdings Inc. Cl A
shares shed 2.52% to 28 cents. NVIDIA Corp.
dropped 3.23% to $161.27, and Advanced Micro Devices Inc.
declined 2.62% to $73.53.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
declined 2.56% to $16.94. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 4.85% to $4.76. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, declined 4.65% to $9.23.