Uniswap leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap
UNIUSD,
-4.73%

seeing the biggest change, falling 3.63% to $10.77.

Seven additional currencies posted drops Wednesday. Ethereum
ETHUSD,
-4.59%

declined 3.40% to $2,695.02, and Litecoin
LTCUSD,
-4.40%

dropped 3.35% to $111.01.

Cardano
ADAUSD,
-2.96%

fell 3.35% to $1.05, while Bitcoin
BTCUSD,
-3.75%

declined 2.68% to $37,703.48. Ripple
XRPUSD,
-2.69%

fell 2.04% to 61 cents.

Dogecoin
DOGEUSD,
-2.14%

and Polkadot
DOTUSD,
-2.55%

rounded out the decreases for Wednesday, dropping 1.17% to 14 cents and 0.30% to $19.69, respectively.

On the other hand, Bitcoin Cash
BCHUSD,
-1.03%

posted the only increase among the largest cryptos, rising 0.05% to $287.47.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-6.09%

dropped 4.09% to $189.65, while MicroStrategy Inc.
MSTR,
-7.05%

shed 6.05% to $350.45. Riot Blockchain Inc.
RIOT,
-7.49%

shares declined 4.25% to $15.98, and shares of Marathon Digital Holdings Inc.
MARA,
-8.95%

declined 6.35% to $23.44.

Overstock.com Inc.
OSTK,
-3.14%

slipped 0.97% to $49.52, while Block Inc.
SQ,
-10.97%

fell 9.11% to $115.99 and Tesla Inc.
TSLA,
-2.52%

inched down 0.84% to $923.44.

PayPal Holdings Inc.
PYPL,
-25.89%

cratered 25.26% to $131.39, and Ebang International Holdings Inc. Cl A
EBON,
-6.90%

shares dropped 8.53% to $1.06. NVIDIA Corp.
NVDA,
+1.47%

climbed 3.16% to $254.16, and Advanced Micro Devices Inc.
AMD,
+5.10%

climbed 25.26% to $126.55.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-3.68%

dropped 2.72% to $32.95. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.48%
,
which is focused on pure-play crypto companies, dropped 4.02% to $15.76. Grayscale Bitcoin Trust
GBTC,
-3.58%
,
which tracks the Bitcoin market price, shed 2.36% to $25.65.


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.