Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
seeing the biggest move, falling 3.07% to $138.07.
which posted the smallest decrease, sank 0.33% to $3,153.90
In crypto-related company news, shares of Coinbase Global Inc.
increased 1.30% to $224.89, while MicroStrategy Inc.
climbed 4.08% to $487.39. Riot Blockchain Inc.
shares rose 1.82% to $19.04, and shares of Marathon Digital Holdings Inc.
increased 1.63% to $26.50.
PayPal Holdings Inc.
increased 1.29% to $176.71, and Ebang International Holdings Inc. Cl A
shares were flat at 94 cents. NVIDIA Corp.
rallied 1.88% to $263.90, and Advanced Micro Devices Inc.
increased 1.29% to $133.58.
In the fund space, the Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, rose 2.38% to $18.06. Blockchain-focused Amplify Transformational Data Sharing ETF
increased 1.54% to $36.15. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, rallied 3.01% to $29.43.