Most large cryptocurrencies were up during morning trading on Wednesday, with Polygon
MATICUSD,
seeing the biggest move, climbing 7.02% to $1.07.
Six additional currencies posted gains Wednesday. Ethereum
ETHUSD,
increased 4.69% to $2,328.28, and Dogecoin
DOGEUSD,
climbed 2.21% to 9 cents.
Cardano
ADAUSD,
climbed 2.09% to 61 cents, while Ripple
XRPUSD,
climbed 1.76% to 63 cents. Bitcoin
BTCUSD,
increased 1.05% to $42,938.00.
Polkadot
DOTUSD,
which posted the smallest increase, climbed 1.05% to $8.85.
On the other hand, two cryptos posted decreases, with Uniswap
UNIUSD,
seeing the largest drop at 1.60% to $7.33. Solana
SOLUSD,
fell 1.50% to $108.08.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
rose 5.98% to $182.34, while MicroStrategy Inc.
MSTR,
climbed 2.51% to $619.03. Riot Platforms Inc.
RIOT,
shares rose 3.29% to $17.92, and shares of Marathon Digital Holdings Inc.
MARA,
climbed 7.39% to $28.95.
Block Inc.
SQ,
climbed 0.79% to $78.80 and Tesla Inc.
TSLA,
climbed 2.42% to $262.83.
PayPal Holdings Inc.
PYPL,
rose 0.02% to $62.58, and Ebang International Holdings Inc.
EBON,
shares climbed 0.53% to $17.54. NVIDIA Corp.
NVDA,
climbed 0.13% to $493.45, and Advanced Micro Devices Inc.
AMD,
rose 0.61% to $144.29.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, increased 4.98% to $12.87. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 2.15% to $31.48. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 1.96% to $36.35.
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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