Largest cryptocurrencies fall as Ripple declines

All of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD,
-1.17%

seeing the biggest change, falling 3.37% to 45 cents.

Cardano
ADAUSD,
-1.69%

shed 2.83% to 35 cents, and Uniswap
UNIUSD,
-4.27%

declined 2.25% to $6.47.

Ethereum
ETHUSD,
-0.93%

shed 2.25% to $1,293.21 on Wednesday, while Polkadot
DOTUSD,
-2.10%

shed 1.33% to $6.09 and Dogecoin
DOGEUSD,
-1.07%

declined 1.35% to 6 cents.

Bitcoin
BTCUSD,
-0.67%

and Bitcoin Cash
BCHUSD,
-1.80%

fell 1.30% to $19,121.01 and 1.29% to $107.48

Litecoin
LTCUSD,
-1.14%

rounded out the decreases with a 1.18% decline to $51.12.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.56%

dropped 3.23% to $64.07, while MicroStrategy Inc.
MSTR,
-3.80%

dropped 2.41% to $229.33. Riot Blockchain Inc.
RIOT,
-3.41%

shares shed 3.58% to $5.66, and shares of Marathon Digital Holdings Inc.
MARA,
-2.72%

fell 4.53% to $10.87.

Overstock.com Inc.
OSTK,
-5.04%

fell 6.22% to $23.28, while Block Inc.
SQ,
-5.81%

declined 4.77% to $54.54 and Tesla Inc.
TSLA,
+0.84%

slipped 0.35% to $219.43.

PayPal Holdings Inc.
PYPL,
-0.96%

dropped 2.20% to $83.41, and Ebang International Holdings Inc. Cl A
EBON,
-6.98%

shares declined 3.73% to 34 cents. NVIDIA Corp.
NVDA,
+0.70%

slid 0.71% to $118.82, and Advanced Micro Devices Inc.
AMD,
-1.19%

dropped 2.20% to $57.13.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.96%

dropped 1.85% to $18.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.16%
,
which is focused on pure-play crypto companies, shed 2.57% to $5.86. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.80% to $11.22.


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.