Largest cryptocurrencies mixed as Ripple declines

September 28, 2022 John Ripple 0

The largest cryptocurrencies were mixed during morning trading on Wednesday, with Ripple
XRPUSD,
-1.85%
seeing the biggest move, declining 2.96% to 43 cents.

Litecoin
LTCUSD,
+1.77%
lead the increases with a 1.03% climb to $53.05.

Four other currencies posted reductions Wednesday. Cardano
ADAUSD,
-1.10%
dropped 2.01% to 43 cents, and Bitcoin Cash
BCHUSD,
-0.41%
dropped 1.30% to $112.99.

Ethereum
ETHUSD,
+0.26%
and Uniswap
UNIUSD,
+1.43%
also recorded declines, falling 1.00% to $1,311.24 and 0.16% to $6.27, respectively.

In addition to Litecoin, three other cryptocurrencies saw increases. Bitcoin
BTCUSD,
+1.80%
climbed 0.46% to $19,141.27, and Dogecoin
DOGEUSD,
+0.39%
climbed 0.19% to 6 cents.

Polkadot
DOTUSD,
+0.84%,
which saw the smallest increase, rose 0.02% to $6.35.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.21%
climbed 3.51% to $65.27, while MicroStrategy Inc.
MSTR,
+3.76%
rose 3.53% to $213.34. Riot Blockchain Inc.
RIOT,
+3.95%
shares increased 1.61% to $6.94, and shares of Marathon Digital Holdings Inc.
MARA,
+6.33%
climbed 3.40% to $10.21.

Overstock.com Inc.
OSTK,
+4.22%
climbed 4.09% to $24.43, while Block Inc.
SQ,
+2.54%
increased 2.25% to $56.32 and Tesla Inc.
TSLA,
-0.45%
slipped 0.71% to $280.94.

PayPal Holdings Inc.
PYPL,
+1.76%
rose 1.05% to $86.65, and Ebang International Holdings Inc. Cl A
EBON,
+4.88%
shares climbed 2.91% to 38 cents. NVIDIA Corp.
NVDA,
+1.89%
rallied 1.63% to $126.15, and Advanced Micro Devices Inc.
AMD,
+1.32%
rose 1.05% to $67.96.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.01%
rose 1.14% to $18.62. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.68%,
which is focused on pure-play crypto companies, climbed 0.16% to $6.35. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.18% to $11.38.


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.