Large cryptocurrencies fall as Cardano declines

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All large cryptocurrencies were down during morning trading on Wednesday, with Cardano
ADAUSD,
-3.05%
seeing the biggest change, tumbling 3.93% to 48 cents.

Solana
SOLUSD,
+0.20%
dropped 1.55% to $95.50, and Ripple
XRPUSD,
-0.83%
dropped 1.27% to 50 cents.

Polygon
MATICUSD,
+1.46%
declined 1.27% to 80 cents on Wednesday, while Ethereum
ETHUSD,
+1.02%
slid 0.74% to $2,364.30 and Uniswap
UNIUSD,
+1.16%
slipped 0.87% to $6.26.

Bitcoin
BTCUSD,
+0.42%
and Dogecoin
DOGEUSD,
+0.41%
fell 0.42% to $42,999.00 and 0.27% to 8 cents

Polkadot
DOTUSD,
+0.97%
posted the smallest drop with a 0.09% decline to $6.79.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.57%
fell 2.95% to $116.26, while MicroStrategy Inc.
MSTR,
-1.24%
fell 3.89% to $478.62. Riot Platforms Inc.
RIOT,
-0.56%
shares fell 2.31% to $10.56, and shares of Marathon Digital Holdings Inc.
MARA,
-1.22%
shed 3.96% to $16.39.

Block Inc.
SQ,
+0.43%
dropped 1.61% to $65.92 and Tesla Inc.
TSLA,
+0.93%
inched down 0.27% to $184.60.

PayPal Holdings Inc.
PYPL,
-0.13%
inched down 0.65% to $63.30, and Ebang International Holdings Inc.
EBON,
-3.79%
shares declined 2.90% to $8.71. NVIDIA Corp.
NVDA,
+1.55%
rose 0.91% to $688.43, and Advanced Micro Devices Inc.
AMD,
+1.69%
increased 1.20% to $169.90.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.15%
inched down 0.63% to $26.81. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.40%,
which is focused on pure-play crypto companies, shed 2.10% to $8.40.


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.

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