Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Uniswap
UNIUSD,
seeing the biggest move, climbing 8.01% to $9.08.
Seven additional currencies posted gains Wednesday. Polkadot
DOTUSD,
rose 3.17% to $8.23, and Bitcoin Cash
BCHUSD,
rose 2.24% to $138.32.
Cardano
ADAUSD,
rallied 2.01% to 51 cents, while Bitcoin
BTCUSD,
increased 1.52% to $23,364.11. Dogecoin
DOGEUSD,
rose 0.89% to 7 cents.
Litecoin
LTCUSD,
and Ethereum
ETHUSD,
rounded out the increases for Wednesday, with gains of 0.89% to $59.20 and 0.85% to $1,664.28, respectively.
On the other hand, Ripple
XRPUSD,
posted the only drop, falling 0.51% to 37 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
surged 10.54% to $74.32, while MicroStrategy Inc.
MSTR,
climbed 9.61% to $305.00. Riot Blockchain Inc.
RIOT,
shares rallied 5.35% to $8.17, and shares of Marathon Digital Holdings Inc.
MARA,
rallied 3.94% to $13.47.
Overstock.com Inc.
OSTK,
rallied 1.28% to $29.33, while Block Inc.
SQ,
rose 5.18% to $83.19 and Tesla Inc.
TSLA,
rallied 1.23% to $912.85.
PayPal Holdings Inc.
PYPL,
surged 12.61% to $100.94, and Ebang International Holdings Inc. Cl A
EBON,
shares climbed 2.25% to 48 cents. NVIDIA Corp.
NVDA,
slipped 0.25% to $184.80, and Advanced Micro Devices Inc.
AMD,
declined 12.61% to $97.93.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 4.99% to $8.52. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
increased 2.43% to $22.73. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 2.47% to $14.53.
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.
