All of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin LTCUSD, -0.33% seeing the biggest change, dropping 1.39% to $56.23.
Polkadot DOTUSD, 1.44% declined 1.05% to $7.53, and Dogecoin DOGEUSD, 1.33% sank 0.83% to 7 cents.
Ripple XRPUSD, 0.01% inched down 0.83% to 34 cents on Wednesday, while Bitcoin Cash BCHUSD, 0.30% sank 0.22% to $133.71 and Cardano ADAUSD, 0.62% slid 0.49% to 46 cents.
Bitcoin BTCUSD, 0.98% and Uniswap UNIUSD, 1.81% fell 0.20% to $21,446.47 and 0.10% to $7.05
Ethereum ETHUSD, 1.54% posted the smallest drop with a 0.09% decline to $1,647.77.
In crypto-related company news, shares of Coinbase Global Inc. COIN, 1.04% rallied 2.63% to $73.05, while MicroStrategy Inc. MSTR, 3.17% rallied 1.96% to $271.00. Riot Blockchain Inc. RIOT, 3.38% shares increased 2.82% to $7.30, and shares of Marathon Digital Holdings Inc. MARA, 2.22% rose 0.44% to $13.77.
Overstock.com Inc. OSTK, 0.66% rose 0.46% to $27.20, while Block Inc. SQ, 3.43% climbed 2.90% to $73.00 and Tesla Inc. TSLA, 1.36% rallied 2.13% to $908.31.
PayPal Holdings Inc. PYPL, 1.24% rallied 1.59% to $94.68, and Ebang International Holdings Inc. Cl A EBON, +3.62% shares increased 1.67% to 48 cents. NVIDIA Corp. NVDA, 0.56% inched down 0.95% to $170.18, and Advanced Micro Devices Inc. AMD, 0.04% fell 1.59% to $91.49.
In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, +3.40%, which is focused on pure-play crypto companies, rallied 1.77% to $8.07. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK, 1.48% climbed 0.69% to $21.78. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, slid 0.66% to $13.44.
