Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ethereum
seeing the biggest change, tumbling 8.28% to $1,224.54.
Seven additional currencies posted decreases Wednesday. Ripple
declined 6.52% to 38 cents, and Uniswap
dropped 6.22% to $5.67.
dropped 6.22% to $98.73, while Bitcoin
fell 5.68% to $17,647.72. Cardano
declined 2.82% to 36 cents.
rounded out the decreases for Wednesday, dropping 2.44% to $6.12 and 1.92% to $56.30, respectively.
On the other hand, Dogecoin
posted the only increase among the largest cryptos, rising 1.41% to 9 cents.
In crypto-related company news, shares of Coinbase Global Inc.
shed 5.30% to $48.14, while MicroStrategy Inc.
declined 4.69% to $201.90. Riot Blockchain Inc.
shares dropped 7.04% to $4.96, and shares of Marathon Digital Holdings Inc.
fell 2.89% to $9.67.
shed 3.09% to $22.10, while Block Inc.
dropped 6.70% to $58.32 and Tesla Inc.
inched down 0.50% to $190.34.
PayPal Holdings Inc.
fell 2.63% to $79.00, and Ebang International Holdings Inc. Cl A
shares sank 0.13% to 32 cents. NVIDIA Corp.
dropped 4.25% to $139.81, and Advanced Micro Devices Inc.
fell 2.63% to $61.18.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
dropped 2.75% to $16.59. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, declined 3.89% to $4.94. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, fell 3.45% to $10.20.