All of the largest cryptocurrencies were down during morning trading on Wednesday, with Dogecoin
seeing the biggest move, tumbling 6.04% to 18 cents.
rounded out the decreases with a 1.86% decline to $47,383.44.
In crypto-related company news, shares of Coinbase Global Inc.
dropped 2.71% to $248.93, while MicroStrategy Inc.
declined 1.80% to $569.92. Riot Blockchain Inc.
shares fell 4.93% to $23.70, and shares of Marathon Digital Holdings Inc.
declined 3.54% to $36.01.
PayPal Holdings Inc.
sank 0.99% to $184.95, and Ebang International Holdings Inc. Cl A
shares fell 8.39% to $1.37. NVIDIA Corp.
sank 0.38% to $282.30, and Advanced Micro Devices Inc.
shed 0.99% to $133.95.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
dropped 1.26% to $45.63. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 1.66% to $21.96. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, declined 1.69% to $36.08.