Polygon leads increases as large cryptocurrencies start mixed

News Room
2 Min Read

Large cryptocurrencies were mixed during morning trading on Wednesday, with Polygon
MATICUSD,
+1.29%
seeing the biggest move, rising 4.80% to 78 cents.

Solana
SOLUSD,
+3.16%
led the decreases with a 2.40% drop to $42.77.

Four other cryptocurrencies saw increases Wednesday. Uniswap
UNIUSD,
+0.44%
increased 3.47% to $5.15, and Polkadot
DOTUSD,
+1.87%
rose 0.36% to $4.99.

Dogecoin
DOGEUSD,
+1.52%
and Cardano
ADAUSD,
+2.84%
rounded out the increases, ticking up 0.31% to 7 cents and 0.21% to 0 cents.

In addition to Solana, three other currencies posted reductions. Ripple
XRPUSD,
+0.98%
sank 0.69% to 68 cents, and Bitcoin
BTCUSD,
+2.89%
sank 0.54% to $35,325.80.

Ethereum
ETHUSD,
+1.65%,
which rounded out the decreases, slid 0.35% to $1,886.75.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.84%
dropped 2.78% to $86.59, while MicroStrategy Inc.
MSTR,
+0.20%
dropped 1.76% to $465.21. Riot Platforms Inc.
RIOT,
-7.14%
shares declined 5.06% to $10.51, and shares of Marathon Digital Holdings Inc.
MARA,
-6.86%
fell 4.25% to $8.79.

Block Inc.
SQ,
+2.39%
sank 0.08% to $51.01 and Tesla Inc.
TSLA,
-0.03%
slid 0.95% to $220.08.

PayPal Holdings Inc.
PYPL,
+0.82%
slipped 0.55% to $54.33, and Ebang International Holdings Inc.
EBON,

shares increased 4.13% to $7.57. NVIDIA Corp.
NVDA,
+1.35%
increased 1.03% to $464.26, and Advanced Micro Devices Inc.
AMD,
+0.12%
climbed 0.74% to $114.29.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.49%
slid 0.78% to $22.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.23%,
which is focused on pure-play crypto companies, shed 1.35% to $7.33. Grayscale Bitcoin Trust
GBTC,
-1.07%,
which tracks the Bitcoin market price, declined 2.03% to $27.53.


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.

Read the full article here

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *