Large cryptocurrencies rise as Cardano increases

All large cryptocurrencies were up during morning trading on Wednesday, with Cardano
ADAUSD,
+0.91%
seeing the biggest change, climbing 6.16% to 58 cents.

Bitcoin
BTCUSD,
+2.97%
increased 4.87% to $51,949.90, while Ethereum
ETHUSD,
+1.33%
climbed 4.83% to $2,759.66.

Solana
SOLUSD,
+0.79%
and Polkadot
DOTUSD,
+0.40%
increased 4.51% to $118.02 and 4.31% to $7.64, respectively.

Polygon
MATICUSD,
-0.77%
increased 2.39% to 89 cents, and Uniswap
UNIUSD,
+0.31%
rose 2.39% to $6.87.

Dogecoin
DOGEUSD,
+1.90%
and Ripple
XRPUSD,
+1.05%
rounded out the increases for Wednesday, climbing 2.22% to 8 cents and 1.22% to 53 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+16.85%
surged 13.45% to $159.27, while MicroStrategy Inc.
MSTR,
+15.86%
jumped 10.40% to $757.40. Riot Platforms Inc.
RIOT,
+16.97%
shares surged 11.04% to $17.15, and shares of Marathon Digital Holdings Inc.
MARA,
+21.68%
surged 15.05% to $29.59.

Block Inc.
SQ,
-5.40%
increased 2.55% to $66.64 and Tesla Inc.
TSLA,
+3.87%
climbed 0.13% to $184.26.

PayPal Holdings Inc.
PYPL,
+0.29%
inched down 0.72% to $57.84, and Ebang International Holdings Inc.
EBON,
+12.37%
shares surged 11.01% to $10.62. NVIDIA Corp.
NVDA,
+0.35%
increased 2.64% to $740.33, and Advanced Micro Devices Inc.
AMD,
-0.29%
rose 2.29% to $175.47.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+13.77%,
which is focused on pure-play crypto companies, surged 11.39% to $11.89. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+6.82%
rose 6.38% to $32.28.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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