Dogecoin leads way as most big cryptocurrencies post decreases

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
DOGEUSD,
-18.06%

seeing the biggest move, plunging 11.40% to 10 cents.

Six additional currencies posted drops Wednesday. Uniswap
UNIUSD,
-11.87%

shed 8.34% to $5.56, and Polkadot
DOTUSD,
-17.29%

dropped 7.81% to $10.40.

Ripple
XRPUSD,
-15.33%

declined 7.81% to 47 cents, while Litecoin
LTCUSD,
-8.59%

fell 3.65% to $76.29. Cardano
ADAUSD,
-11.51%

fell 3.47% to 61 cents.

Bitcoin Cash
BCHUSD,
-9.11%
,
which posted the smallest decrease, dropped 2.88% to $221.40

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
-1.27%

seeing the largest rise at 0.69% to $31,173.62. Ethereum
ETHUSD,
-4.01%

climbed 0.54% to $2,334.49.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-23.39%

plunged 19.00% to $59.12, while MicroStrategy Inc.
MSTR,
-15.90%

declined 6.44% to $210.99. Riot Blockchain Inc.
RIOT,
-2.52%

shares rallied 1.20% to $7.62, and shares of Marathon Digital Holdings Inc.
MARA,
-5.68%

slipped 0.92% to $11.69.

Overstock.com Inc.
OSTK,
-4.59%

dropped 1.63% to $31.48, while Block Inc.
SQ,
-10.85%

shed 2.23% to $82.51 and Tesla Inc.
TSLA,
-3.17%

declined 1.13% to $791.00.

PayPal Holdings Inc.
PYPL,
-2.23%

climbed 0.40% to $79.07, and Ebang International Holdings Inc. Cl A
EBON,
+2.78%

shares climbed 4.11% to 79 cents. NVIDIA Corp.
NVDA,
-2.24%

fell 1.18% to $173.87, and Advanced Micro Devices Inc.
AMD,
+2.62%

rallied 0.40% to $90.46.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-4.03%

fell 1.73% to $22.67. The Bitwise Crypto Industry Innovators ETF
BITQ,
-8.28%
,
which is focused on pure-play crypto companies, shed 4.64% to $8.63. Grayscale Bitcoin Trust
GBTC,
-3.37%
,
which tracks the Bitcoin market price, shed 3.11% to $20.57.


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.