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