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Most large cryptocurrencies were down during U.S. morning trading on Wednesday, with Dogecoin seeing the biggest change, sliding 0.94% to 7 cents.
Six additional currencies posted reductions Wednesday. Bitcoin inched down 0.68% to $65,918.90, and XRP inched down 0.56% to $1.14.
Avalanche inched down 0.56% to $6.55, while Sui sank 0.13% to 77 cents. Solana inched down 0.09% to $77.81.
Tronix which posted the smallest decrease, inched down 0.03% to 33 cents
On the other hand, two cryptos posted increases, with Cardano seeing the largest rise at 1.06% to 18 cents. Ethereum rose 0.85% to $1,938.33.
In crypto-related company news, shares of Coinbase Global Inc. declined 1.07% to $173.96, while Strategy Inc. slid 0.97% to $100.96. Riot Platforms Inc. shares rose 5.35% to $22.64, and shares of MARA Holdings Inc. rose 2.73% to $12.59.
Block Inc. fell 2.18% to $78.63 and Tesla Inc. climbed 0.20% to $379.69.
PayPal Holdings Inc. slid 0.04% to $55.83, and Ebang International Holdings Inc. shares slipped 0.50% to $2.01. NVIDIA Corp. rose 0.13% to $207.57, and Advanced Micro Devices Inc. climbed 1.52% to $552.69.
In the fund space, the Bitwise Crypto Industry Innovators ETF which is focused on pure-play crypto companies, rose 0.95% to $25.06. Blockchain-focused Amplify Blockchain Technology ETF climbed 0.91% to $63.52.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
