The largest cryptocurrencies were mixed during morning trading on Wednesday, with Litecoin LTCUSD seeing the biggest move, shedding 2.18% to $68.73.
Bitcoin BTCUSD lead the increases with a 0.70% climb to $29,634.05.
Four other currencies posted reductions Wednesday. Bitcoin Cash BCHUSD fell 1.73% to $192.17, and Ripple XRPUSD slid 0.60% to 40 cents.
Polkadot DOTUSD and Dogecoin DOGEUSD also recorded declines, falling 0.50% to $10.05 and 0.11% to 8 cents, respectively.
In addition to Bitcoin, three other cryptocurrencies saw increases. Cardano ADAUSD rose 0.19% to 51 cents, and Uniswap UNIUSD climbed 0.15% to $5.52.
Ethereum ETHUSD, which saw the smallest increase, rose 0.13% to $1,969.80.
In crypto-related company news, shares of Coinbase Global Inc. COIN climbed 3.28% to $63.37, while MicroStrategy Inc. MSTR rose 0.82% to $194.59. Riot Blockchain Inc. RIOT shares inched down 0.01% to $6.27, and shares of Marathon Digital Holdings Inc. MARA slipped 0.56% to $8.95.
Overstock.com Inc. OSTK rose 4.23% to $26.86, while Block Inc. SQ inched down 0.68% to $75.37 and Tesla Inc. TSLA rose 1.25% to $635.99.
PayPal Holdings Inc. PYPL dropped 1.30% to $77.63, and Ebang International Holdings Inc. Cl A EBON shares rose 2.38% to 73 cents. NVIDIA Corp. NVDA rallied 1.65% to $164.21, and Advanced Micro Devices Inc. AMD rose 1.30% to $91.58.
In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, rose 0.49% to $7.57. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK climbed 0.38% to $21.25. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, rose 1.88% to $18.97.
Credit by: finance.yahoo.com
Read More: https://www.marketwatch.com/story/largest-cryptocurrencies-mixed-as-bitcoin-climbs-01653487228-bcc4f263c693?siteid=yhoof2