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Most large cryptocurrencies rise on Litecoin, Bitcoin Cash increases

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Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Litecoin
LTCUSD,
+13.71%
seeing the biggest change, jumping 14.04% to $78.79.

Seven additional currencies posted raises Wednesday. Bitcoin Cash
BCHUSD,
+6.62%
rose 6.94% to $114.89, and Dogecoin
DOGEUSD,
+2.68%
climbed 3.13% to 8 cents.

Ethereum
ETHUSD,
+2.77%
rallied 3.05% to $1,164.67, while Uniswap
UNIUSD,
+2.80%
increased 2.90% to $5.43. Bitcoin
BTCUSD,
+1.87%
increased 1.75% to $16,435.50.

Polkadot
DOTUSD,
+1.53%
and Cardano
ADAUSD,
+0.71%
rounded out the increases for Wednesday, with gains of 1.75% to $5.37 and 1.18% to 31 cents, respectively.

On the other hand, Ripple
XRPUSD,
-0.68%
posted the only drop, falling 0.61% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.96%
increased 1.52% to $44.05, while MicroStrategy Inc.
MSTR,
+3.28%
climbed 2.67% to $171.54. Riot Blockchain Inc.
RIOT,
+5.80%
shares rose 4.01% to $4.15, and shares of Marathon Digital Holdings Inc.
MARA,
+3.74%
rose 2.65% to $6.59.

Overstock.com Inc.
OSTK,
+1.53%
rose 1.43% to $24.18, while Block Inc.
SQ,
+1.39%
rose 0.02% to $62.73 and Tesla Inc.
TSLA,
+5.37%
rose 4.43% to $177.43.

PayPal Holdings Inc.
PYPL,
+0.56%
slipped 0.64% to $79.40, and Ebang International Holdings Inc.
EBON,
-3.81%
shares declined 3.15% to $5.85. NVIDIA Corp.
NVDA,
+2.31%
rallied 1.55% to $162.86, and Advanced Micro Devices Inc.
AMD,
+3.23%
increased 0.64% to $77.29.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.91%,
which is focused on pure-play crypto companies, rallied 2.28% to $4.29. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.79%
rallied 1.21% to $16.53. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 7.12% to $9.05.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

Credit: marketwatch.com

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