Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Litecoin
LTCUSD,
seeing the biggest change, jumping 14.04% to $78.79.
Seven additional currencies posted raises Wednesday. Bitcoin Cash
BCHUSD,
rose 6.94% to $114.89, and Dogecoin
DOGEUSD,
climbed 3.13% to 8 cents.
Ethereum
ETHUSD,
rallied 3.05% to $1,164.67, while Uniswap
UNIUSD,
increased 2.90% to $5.43. Bitcoin
BTCUSD,
increased 1.75% to $16,435.50.
Polkadot
DOTUSD,
and Cardano
ADAUSD,
rounded out the increases for Wednesday, with gains of 1.75% to $5.37 and 1.18% to 31 cents, respectively.
On the other hand, Ripple
XRPUSD,
posted the only drop, falling 0.61% to 37 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
increased 1.52% to $44.05, while MicroStrategy Inc.
MSTR,
climbed 2.67% to $171.54. Riot Blockchain Inc.
RIOT,
shares rose 4.01% to $4.15, and shares of Marathon Digital Holdings Inc.
MARA,
rose 2.65% to $6.59.
Overstock.com Inc.
OSTK,
rose 1.43% to $24.18, while Block Inc.
SQ,
rose 0.02% to $62.73 and Tesla Inc.
TSLA,
rose 4.43% to $177.43.
PayPal Holdings Inc.
PYPL,
slipped 0.64% to $79.40, and Ebang International Holdings Inc.
EBON,
shares declined 3.15% to $5.85. NVIDIA Corp.
NVDA,
rallied 1.55% to $162.86, and Advanced Micro Devices Inc.
AMD,
increased 0.64% to $77.29.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 2.28% to $4.29. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rallied 1.21% to $16.53. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 7.12% to $9.05.
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.
