Largest cryptocurrencies mixed as Ripple declines

The largest cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
-1.75%

seeing the biggest move, declining 2.96% to 43 cents.

Litecoin
LTCUSD,
+1.96%

lead the increases with a 1.03% climb to $53.05.

Four other currencies posted reductions Wednesday. Cardano
ADAUSD,
-0.98%

dropped 2.01% to 43 cents, and Bitcoin Cash
BCHUSD,
+0.06%

dropped 1.30% to $112.99.

Ethereum
ETHUSD,
+0.69%

and Uniswap
UNIUSD,
+2.55%

also recorded declines, falling 1.00% to $1,311.24 and 0.16% to $6.27, respectively.

In addition to Litecoin, three other cryptocurrencies saw increases. Bitcoin
BTCUSD,
+2.53%

climbed 0.46% to $19,141.27, and Dogecoin
DOGEUSD,
+0.81%

climbed 0.19% to 6 cents.

Polkadot
DOTUSD,
+1.20%
,
which saw the smallest increase, rose 0.02% to $6.35.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+6.76%

climbed 3.51% to $65.27, while MicroStrategy Inc.
MSTR,
+6.99%

rose 3.53% to $213.34. Riot Blockchain Inc.
RIOT,
+7.47%

shares increased 1.61% to $6.94, and shares of Marathon Digital Holdings Inc.
MARA,
+10.94%

climbed 3.40% to $10.21.

Overstock.com Inc.
OSTK,
+6.77%

climbed 4.09% to $24.43, while Block Inc.
SQ,
+7.23%

increased 2.25% to $56.32 and Tesla Inc.
TSLA,
+1.72%

slipped 0.71% to $280.94.

PayPal Holdings Inc.
PYPL,
+6.26%

rose 1.05% to $86.65, and Ebang International Holdings Inc. Cl A
EBON,
+6.23%

shares climbed 2.91% to 38 cents. NVIDIA Corp.
NVDA,
+2.60%

rallied 1.63% to $126.15, and Advanced Micro Devices Inc.
AMD,
+1.77%

rose 1.05% to $67.96.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.91%

rose 1.14% to $18.62. The Bitwise Crypto Industry Innovators ETF
BITQ,
+5.21%
,
which is focused on pure-play crypto companies, climbed 0.16% to $6.35. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.18% to $11.38.


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.