Most large cryptocurrencies decrease on Polkadot, Litecoin drops

Most large cryptocurrencies decrease on Polkadot, Litecoin drops

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot DOTUSD seeing the biggest move, dropping 3.24% to $5.61.

Seven additional currencies posted decreases Wednesday. Litecoin LTCUSD declined 3.16% to $82.82, and Cardano ADAUSD declined 2.58% to 32 cents.

Bitcoin Cash BCHUSD dropped 2.58% to $118.60, while Uniswap UNIUSD dropped 2.07% to $6.25. Dogecoin DOGEUSD dropped 1.65% to 7 cents.

Bitcoin BTCUSD and Ethereum ETHUSD rounded out the decreases for Wednesday, dropping 0.42% to $21,959.50 and 0.20% to $1,547.31, respectively.

On the other hand, Ripple XRPUSD posted the only increase among the largest cryptos, rising 2.03% to 39 cents.

In crypto-related company news, shares of Coinbase Global Inc. COIN declined 1.61% to $60.90, while MicroStrategy Inc. MSTR shed 1.05% to $229.00. Riot Platforms Inc. RIOT shares inched down 0.65% to $6.13, and shares of Marathon Digital Holdings Inc. MARA fell 2.55% to $5.94. Inc. OSTK declined 2.01% to $18.53, while Block Inc. SQ fell 1.35% to $76.99 and Tesla Inc. TSLA shed 3.77% to $180.64.

PayPal Holdings Inc. PYPL slipped 0.33% to $74.66, and Ebang International Holdings Inc. EBON shares climbed 0.33% to $6.57. NVIDIA Corp. NVDA increased 1.61% to $236.63, and Advanced Micro Devices Inc. AMD rallied 1.06% to $82.98.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK inched down 0.28% to $17.48. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, declined 1.42% to $4.85. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, rallied 2.17% to $13.18.

error: Content is protected !!