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Most large cryptocurrencies decrease as Ethereum tumbles

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ethereum
ETHUSD
seeing the biggest change, tumbling 8.28% to $1,224.54.

Seven additional currencies posted decreases Wednesday. Ripple
XRPUSD
declined 6.52% to 38 cents, and Uniswap
UNIUSD
dropped 6.22% to $5.67.

Bitcoin Cash
BCHUSD
dropped 6.22% to $98.73, while Bitcoin
BTCUSD
fell 5.68% to $17,647.72. Cardano
ADAUSD
declined 2.82% to 36 cents.

Polkadot
DOTUSD
and Litecoin
LTCUSD
rounded out the decreases for Wednesday, dropping 2.44% to $6.12 and 1.92% to $56.30, respectively.

On the other hand, Dogecoin
DOGEUSD
posted the only increase among the largest cryptos, rising 1.41% to 9 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
shed 5.30% to $48.14, while MicroStrategy Inc.
MSTR
declined 4.69% to $201.90. Riot Blockchain Inc.
RIOT
shares dropped 7.04% to $4.96, and shares of Marathon Digital Holdings Inc.
MARA
fell 2.89% to $9.67.

Overstock.com Inc.
OSTK
shed 3.09% to $22.10, while Block Inc.
SQ
dropped 6.70% to $58.32 and Tesla Inc.
TSLA
inched down 0.50% to $190.34.

PayPal Holdings Inc.
PYPL
fell 2.63% to $79.00, and Ebang International Holdings Inc. Cl A
EBON
shares sank 0.13% to 32 cents. NVIDIA Corp.
NVDA
dropped 4.25% to $139.81, and Advanced Micro Devices Inc.
AMD
fell 2.63% to $61.18.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 2.75% to $16.59. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 3.89% to $4.94. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 3.45% to $10.20.


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.

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