Litecoin leads increases as largest cryptocurrencies start mixed – MarketWatch

The largest cryptocurrencies were mixed during morning trading on Wednesday, with Litecoin LTCUSD, +5.95% seeing the biggest move, climbing 6.41% to $287.00.

Cardano ADAUSD, -1.91% led the decreases with a 1.29% drop to $2.26.

Five other cryptocurrencies saw increases Wednesday. Ripple XRPUSD, +4.75% rose 4.29% to $1.32, and Bitcoin Cash BCHUSD, +0.28% rose 1.30% to $718.29.

Uniswap UNIUSD, +4.47% climbed 1.28% to $27.15, and Ethereum ETHUSD, +0.21% rose 1.04% to $4,849.99.

Bitcoin BTCUSD, +0.48% saw the smallest increase, rising climbed 0.85% to $68,376.95.

In addition to Cardano, two other currencies posted reductions. Dogecoin DOGEUSD, -2.26% slid 0.98% to 27 cents, and Polkadot DOTUSD, -0.69% inched down 0.72% to $50.97.

In crypto-related company news, shares of Coinbase Global Inc. COIN, -6.89% declined 7.57% to $330.32, while MicroStrategy Inc. MSTR, -3.46% climbed 0.61% to $864.25. Riot Blockchain Inc. RIOT, +0.15% shares climbed 1.25% to $40.36, and shares of Marathon Digital Holdings Inc. MARA, -7.74% slid 0.78% to $75.50.

Overstock.com Inc. OSTK, -5.10% slid 0.98% to $100.99, while Square Inc. Cl A SQ, -0.42% rallied 1.35% to $233.90 and Tesla Inc. TSLA, +2.95% rallied 3.07% to $1,054.91.

PayPal Holdings Inc. PYPL, +0.08% rose 0.70% to $206.86, and Ebang International Holdings Inc. Cl A EBON, -7.72% shares fell 3.65% to $2.25. NVIDIA Corp. NVDA, -3.04% shed 1.13% to $303.12, and Advanced Micro Devices Inc. AMD, -5.18% shed 0.70% to $145.17.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -2.79% sank 0.36% to $62.11. The Bitwise Crypto Industry Innovators ETF BITQ, -3.45%, which is focused on pure-play crypto companies, slipped 0.94% to $33.78. Grayscale Bitcoin Trust GBTC, +2.06%, which tracks the Bitcoin market price, rose 2.04% to $54.58.

Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

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