Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot
seeing the biggest move, declining 3.10% to $4.46.
On the other hand, Litecoin
posted the only increase among the largest cryptos, rising 0.09% to $65.46.
In crypto-related company news, shares of Coinbase Global Inc.
rose 0.92% to $35.29, while MicroStrategy Inc.
sank 0.35% to $168.27. Riot Blockchain Inc.
shares shed 1.44% to $3.78, and shares of Marathon Digital Holdings Inc.
declined 1.41% to $3.86.
PayPal Holdings Inc.
climbed 0.46% to $69.08, and Ebang International Holdings Inc.
shares inched down 0.34% to $2.89. NVIDIA Corp.
rallied 1.72% to $163.62, and Advanced Micro Devices Inc.
climbed 0.46% to $66.52.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
rose 1.05% to $15.45. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, climbed 0.14% to $3.51. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, declined 1.49% to $7.96.