Solana leads way as most big cryptocurrencies post drops

Uniswap
UNIUSD,
-0.51%
shed 2.23% to $5.23, while Polkadot
DOTUSD,
-0.13%
dropped 1.83% to $5.61. Dogecoin
DOGEUSD,
-0.14%
declined 1.19% to 8 cents.

Bitcoin
BTCUSD,
+1.18%
and Ethereum
ETHUSD,
+0.43%
rounded out the decreases for Wednesday, dropping 1.09% to $28,386.30 and 0.65% to $1,857.84, respectively.

On the other hand, Polygon
MATICUSD,
-1.18%
posted the only increase among the largest cryptos, rising 0.90% to 98 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.55%
fell 1.62% to $50.49, while MicroStrategy Inc.
MSTR,
+2.35%
fell 3.72% to $315.80. Riot Platforms Inc.
RIOT,
+1.44%
shares dropped 6.28% to $11.04, and shares of Marathon Digital Holdings Inc.
MARA,
+7.28%
fell 2.83% to $9.28.

Overstock.com Inc.
OSTK,
-0.90%
rallied 1.95% to $20.40, while Block Inc.
SQ,
+1.79%
rallied 1.41% to $58.57 and Tesla Inc.
TSLA,
+1.00%
rose 1.72% to $163.07.

PayPal Holdings Inc.
PYPL,
+1.40%
slipped 0.14% to $72.18, and Ebang International Holdings Inc.
EBON,
+1.35%
shares dropped 2.02% to $6.30. NVIDIA Corp.
NVDA,
-0.77%
dropped 1.85% to $276.89, and Advanced Micro Devices Inc.
AMD,
+9.28%
fell 8.78% to $82.02.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.05%
sank 0.10% to $19.33. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.12%,
which is focused on pure-play crypto companies, fell 1.59% to $6.18. Grayscale Bitcoin Trust
GBTC,
+0.92%,
which tracks the Bitcoin market price, dropped 1.30% to $16.00.

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.