Bitcoin leads slumps as large cryptocurrencies start mixed


Published: Nov. 22, 2023 at 10:00 a.m. ET

Large cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap Uniswap USD seeing the biggest move, climbing 8.70% to $5.50.

Bitcoin Bitcoin USD led the decreases with a 1.28% drop to $36,372.00.

Four other cryptocurrencies saw increases Wednesday. Ethereum Ethereum USD rose 1.92% to $2,024.36, and Solana Solana USD…

Large cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap

UNIUSD

seeing the biggest move, climbing 8.70% to $5.50.

Bitcoin

BTCUSD

led the decreases with a 1.28% drop to $36,372.00.

Four other cryptocurrencies saw increases Wednesday. Ethereum

ETHUSD

rose 1.92% to $2,024.36, and Solana

SOLUSD

increased 1.56% to $54.60.

Polkadot

DOTUSD

and Polygon

MATICUSD

rounded out the increases, rallying 1.47% to $5.08 and 0.60% to 1 cents.

In addition to Bitcoin, three other currencies posted decreases. Ripple

XRPUSD

slipped 0.33% to 59 cents, and Dogecoin

DOGEUSD

slipped 0.12% to 7 cents.

Cardano

ADAUSD

,
which rounded out the decreases, inched down 0.08% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

dropped 1.09% to $104.34, while MicroStrategy Inc.

MSTR

dropped 1.57% to $485.32. Riot Platforms Inc.

RIOT

shares shed 3.89% to $10.74, and shares of Marathon Digital Holdings Inc.

MARA

dropped 3.22% to $9.98.

Block Inc.

SQ

sank 0.22% to $58.54 and Tesla Inc.

TSLA

dropped 2.22% to $235.85.

PayPal Holdings Inc.

PYPL

increased 1.12% to $56.02, and Ebang International Holdings Inc.

EBON

shares slipped 0.77% to $7.13. NVIDIA Corp.

NVDA

dropped 3.00% to $484.45, and Advanced Micro Devices Inc.

AMD

increased 3.04% to $122.79.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

sank 0.91% to $22.28. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, dropped 1.39% to $7.43. Grayscale Bitcoin Trust

GBTC

,

which tracks the Bitcoin market price, rose 0.27% to $29.28.


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.



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