Cryptocurrency Market Update

All major cryptocurrencies experienced a decline during morning trading on Wednesday. Among them, Cardano (ADAUSD) saw the largest decrease, falling 4.52% to 50 cents.

Here are the other notable changes in cryptocurrency prices:

  1. Uniswap (UNIUSD) fell 4.33% to $6.03.
  2. Solana (SOLUSD) dropped 4.27% to $99.83.
  3. Polkadot (DOTUSD) declined 4.27% to $6.71.
  4. Dogecoin (DOGEUSD) decreased 2.71% to 8 cents.
  5. Ethereum (ETHUSD) fell 3.06% to $2,307.60.
  6. Polygon (MATICUSD) and Bitcoin (BTCUSD) experienced a 1.85% and 1.55% drop, reaching 80 cents and $42,871.00 respectively.
  7. Ripple (XRPUSD) posted the smallest decline of 1.38%, settling at 50 cents.

Crypto-Related Company News:

  • Shares of Coinbase Global Inc. (COIN) rose 0.65% to $131.67.
  • MicroStrategy Inc. (MSTR) fell 1.35% to $512.51.
  • Riot Platforms Inc. (RIOT) shares dropped 1.81% to $11.14.
  • Marathon Digital Holdings Inc. (MARA) shed 2.13% to $17.73.
  • Block Inc. (SQ) saw a decline of 1.51% to $67.19.
  • Tesla Inc. (TSLA) experienced a drop of 1.23%, ending at $189.24.
  • PayPal Holdings Inc. (PYPL) shed 1.64% to $62.64.
  • Ebang International Holdings Inc. (EBON) shares declined 3.15% to $8.95.
  • NVIDIA Corp. (NVDA) dropped 1.74% to $616.79.
  • Advanced Micro Devices Inc. (AMD) experienced a 2.57% drop, reaching $167.65.

In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) slipped 0.73% to $27.25. The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, dropped 2.20% to $9.06.

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