Published: March 22, 2023 at 10:00 a.m. ET
Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple XRP USD seeing the biggest change, shedding 9.33% to 44 cents.
Six additional currencies posted decreases Wednesday. Dogecoin Dogecoin USD declined 2.84% to 7 cents, and Litecoin Litecoin USD dropped 1.86% to $80.40.
Uniswap Uniswap USD dropped…
Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD
seeing the biggest change, shedding 9.33% to 44 cents.
Six additional currencies posted decreases Wednesday. Dogecoin
DOGEUSD
declined 2.84% to 7 cents, and Litecoin
LTCUSD
dropped 1.86% to $80.40.
Uniswap
UNIUSD
dropped 1.86% to $6.32, while Bitcoin Cash
BCHUSD
declined 1.30% to $132.21. Polkadot
DOTUSD
slipped 0.63% to $6.29.
Cardano
ADAUSD
,
which posted the smallest decrease, inched down 0.06% to 38 cents
On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD
seeing the largest rise at 0.92% to $28,358.10. Ethereum
ETHUSD
rose 0.23% to $1,802.25.
In crypto-related company news, shares of Coinbase Global Inc.
COIN
fell 1.82% to $82.47, while MicroStrategy Inc.
MSTR
rose 0.12% to $273.72. Riot Platforms Inc.
RIOT
shares fell 1.11% to $8.97, and shares of Marathon Digital Holdings Inc.
MARA
dropped 1.67% to $8.72.
Overstock.com Inc.
OSTK
sank 0.07% to $20.35, while Block Inc.
SQ
fell 2.53% to $75.50 and Tesla Inc.
TSLA
slid 0.29% to $197.00.
PayPal Holdings Inc.
PYPL
sank 0.90% to $76.03, and Ebang International Holdings Inc.
EBON
shares declined 4.31% to $6.44. NVIDIA Corp.
NVDA
climbed 2.67% to $268.99, and Advanced Micro Devices Inc.
AMD
rallied 2.54% to $98.37.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
slipped 0.90% to $19.20. The Bitwise Crypto Industry Innovators ETF
BITQ
,
which is focused on pure-play crypto companies, fell 1.03% to $5.78. Grayscale Bitcoin Trust
GBTC
,
which tracks the Bitcoin market price, rose 0.52% to $16.08.
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.