Largest cryptocurrencies fall as Ripple declines

All of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD
seeing the biggest change, falling 3.37% to 45 cents.

Cardano
ADAUSD
shed 2.83% to 35 cents, and Uniswap
UNIUSD
declined 2.25% to $6.47.

Ethereum
ETHUSD
shed 2.25% to $1,293.21 on Wednesday, while Polkadot
DOTUSD
shed 1.33% to $6.09 and Dogecoin
DOGEUSD
declined 1.35% to 6 cents.

Bitcoin
BTCUSD
and Bitcoin Cash
BCHUSD
fell 1.30% to $19,121.01 and 1.29% to $107.48

Litecoin
LTCUSD
rounded out the decreases with a 1.18% decline to $51.12.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 3.23% to $64.07, while MicroStrategy Inc.
MSTR
dropped 2.41% to $229.33. Riot Blockchain Inc.
RIOT
shares shed 3.58% to $5.66, and shares of Marathon Digital Holdings Inc.
MARA
fell 4.53% to $10.87.

Overstock.com Inc.
OSTK
fell 6.22% to $23.28, while Block Inc.
SQ
declined 4.77% to $54.54 and Tesla Inc.
TSLA
slipped 0.35% to $219.43.

PayPal Holdings Inc.
PYPL
dropped 2.20% to $83.41, and Ebang International Holdings Inc. Cl A
EBON
shares declined 3.73% to 34 cents. NVIDIA Corp.
NVDA
slid 0.71% to $118.82, and Advanced Micro Devices Inc.
AMD
dropped 2.20% to $57.13.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
dropped 1.85% to $18.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 2.57% to $5.86. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.80% to $11.22.


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.