Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
seeing the biggest move, plunging 11.40% to 10 cents.
which posted the smallest decrease, dropped 2.88% to $221.40
In crypto-related company news, shares of Coinbase Global Inc.
plunged 19.00% to $59.12, while MicroStrategy Inc.
declined 6.44% to $210.99. Riot Blockchain Inc.
shares rallied 1.20% to $7.62, and shares of Marathon Digital Holdings Inc.
slipped 0.92% to $11.69.
PayPal Holdings Inc.
climbed 0.40% to $79.07, and Ebang International Holdings Inc. Cl A
shares climbed 4.11% to 79 cents. NVIDIA Corp.
fell 1.18% to $173.87, and Advanced Micro Devices Inc.
rallied 0.40% to $90.46.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
fell 1.73% to $22.67. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, shed 4.64% to $8.63. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, shed 3.11% to $20.57.