Uniswap leads as most major cryptocurrencies fall

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Most of the major cryptocurrencies were down during Wednesday morning trade, with Uniswap UNIUSD,
-3.79%
saw the biggest change, falling 3.63% to $10.77.

Seven other currencies posted declines on Wednesday. Ethereum ETHUSD,
-3.70%
down 3.40% to $2,695.02 and Litecoin LTCUSD,
-3.47%
fell 3.35% to $111.01.

Cardano ADAUSD,
-2.82%
fell 3.35% to $1.05 while Bitcoin BTCUSD,
-2.84%
down 2.68% to $37,703.48. Ripple XRPUSD,
-1.93%
fell 2.04% to 61 cents.

Dogecoin DOGEUSD,
-1.50%
and polka dot DOTUSD,
-0.58%
Rounded out declines for Wednesday, falling 1.17% to 14 cents and 0.30% to $19.69 respectively.

On the other hand, Bitcoin Cash BCHUSD,
-0.30%
saw the only rise among the largest cryptos, up 0.05% to $287.47.

In crypto-related company news, Coinbase Global Inc. COIN stocks,
-2.90%
down 4.09% to $189.65 while MicroStrategy Inc. MSTR,
-5.09%
lost 6.05% to $350.45. Riot Blockchain Inc. RIOT,
-2.82%
Shares fell 4.25% to $15.98 and shares of Marathon Digital Holdings Inc. MARA,
-5.19%
down 6.35% to $23.44.

Overstock.com Inc. OSTK,
+0.78%
slipped 0.97% to $49.52 while Block Inc. SQ,
-8.11%
down 9.11% to $115.99 and Tesla Inc. TSLA,
-0.30%
declined 0.84% ​​to $923.44.

PayPal Holdings Inc. PYPL,
-23.85%
up 25.26% to $131.39 and Ebang International Holdings Inc. Cl A EBON,
-5.60%
Shares fell 8.53% to $1.06. NVIDIA Corp. NVDA,
+4.73%
up 3.16% to $254.16 and Advanced Micro Devices Inc. AMD,
+9.51%
rose 25.26% to $126.55.

In the fund space, the blockchain-focused Amplify Transformational Data Sharing ETF BLOK,
-2.11%
fell 2.72% to $32.95. The Bitwise Crypto Industry Innovators ETF BITQ,
-3.11%,
which focuses on pure-play crypto companies fell 4.02% to $15.76. Grayscale Bitcoin Trust GBTC,
-3.08%,
which tracks the Bitcoin market price, lost 2.36% to $25.65.

Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stablecoins, 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.

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