Cryptocurrency Market Update

Most large cryptocurrencies experienced gains during morning trading on Wednesday, with Solana leading the way. Here are the key highlights:

Solana (SOL)

Solana saw the biggest change, surging 10.64% to $62.27.

Other Rising Currencies

• Uniswap (UNI) rose 4.22% to $5.26.
• Polkadot (DOT) increased 3.49% to $5.41.
• Dogecoin (DOGE) climbed 2.47% to 7 cents.
• Cardano (ADA) rose 2.37% to 37 cents.
• Ripple (XRP) climbed 1.52% to 64 cents.

Bitcoin and Ethereum

Bitcoin and Ethereum also saw increases for Wednesday:

• Bitcoin gained 1.52% to reach $36,122.80.
• Ethereum rose by 1.45% and reached $2,010.71.

Declining Currency

The only drop was observed in Polygon, which fell 0.59% to 90 cents.

Crypto-related Company News

Several crypto-related companies experienced movements in their share prices:

• Coinbase Global Inc. increased 4.06% to $95.83.
• MicroStrategy Inc. rose 1.59% to $487.61.
• Riot Platforms Inc. saw a 1.38% increase, reaching $9.86.
• Marathon Digital Holdings Inc. climbed 2.63% to $9.41.
• Block Inc. increased 3.07% to $56.79.
• Tesla Inc. saw a 1.32% climb, reaching $240.55.
• PayPal Holdings Inc. increased by 1.48%, reaching $57.52.
• Ebang International Holdings Inc. saw a decline of 1.01% to $7.28.
• NVIDIA Corp. shed 1.31% and reached $490.04.
• Advanced Micro Devices Inc. declined 2.25% to $117.18.

Funds

In the fund space, the following movements were observed:

• Bitwise Crypto Industry Innovators ETF (BITQ), focused on pure-play crypto companies, climbed 1.41% to $7.20.
• Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose 1.19% to $22.20.
• Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, climbed 2.26% to $28.04.