All of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano
seeing the biggest move, falling 4.83% to 35 cents.
posted the smallest drop with a 0.75% decline to $129.09.
In crypto-related company news, shares of Coinbase Global Inc.
fell 7.24% to $49.68, while MicroStrategy Inc.
dropped 5.50% to $233.89. Riot Platforms Inc.
shares fell 6.68% to $5.73, and shares of Marathon Digital Holdings Inc.
dropped 9.38% to $7.98.
PayPal Holdings Inc.
shed 2.51% to $77.58, and Ebang International Holdings Inc.
shares declined 5.17% to $8.49. NVIDIA Corp.
fell 1.98% to $188.83, and Advanced Micro Devices Inc.
fell 2.73% to $72.66.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
shed 3.15% to $18.12. The Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, dropped 4.95% to $5.28. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, declined 3.47% to $11.56.