Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Litecoin
seeing the biggest move, rising 2.54% to $53.67.
On the other hand, Ripple
posted the only drop, falling 0.56% to 40 cents.
In crypto-related company news, shares of Coinbase Global Inc.
increased 3.62% to $70.40, while MicroStrategy Inc.
increased 1.63% to $199.80. Riot Blockchain Inc.
shares increased 3.70% to $6.45, and shares of Marathon Digital Holdings Inc.
rallied 6.14% to $10.89.
PayPal Holdings Inc.
climbed 0.43% to $92.02, and Ebang International Holdings Inc. Cl A
shares shed 2.05% to 41 cents. NVIDIA Corp.
rallied 1.25% to $133.41, and Advanced Micro Devices Inc.
climbed 0.43% to $75.92.
In the fund space, the Bitwise Crypto Industry Innovators ETF
which is focused on pure-play crypto companies, increased 1.62% to $6.80. Blockchain-focused Amplify Transformational Data Sharing ETF
rallied 1.50% to $19.61. Grayscale Bitcoin Trust
which tracks the Bitcoin market price, increased 2.06% to $11.90.