The largest cryptocurrencies were mixed during morning trading on Wednesday, with Ripple /zigman2/quotes/108573966/realtime XRPUSD +1.56% seeing the biggest move, declining 2.96% to 43 cents.
Litecoin /zigman2/quotes/108573968/realtime LTCUSD +0.05% lead the increases with a 1.03% climb to $53.05.
Four other currencies posted reductions Wednesday. Cardano /zigman2/quotes/226258619/realtime ADAUSD -0.74% dropped 2.01% to 43 cents, and Bitcoin Cash /zigman2/quotes/108573970/realtime BCHUSD -0.18% dropped 1.30% to $112.99.
Ethereum /zigman2/quotes/108573964/realtime ETHUSD +0.65% and Uniswap /zigman2/quotes/226259541/realtime UNIUSD +0.35% also recorded declines, falling 1.00% to $1,311.24 and 0.16% to $6.27, respectively.
In addition to Litecoin, three other cryptocurrencies saw increases. Bitcoin /zigman2/quotes/31322028/realtime BTCUSD +0.12% climbed 0.46% to $19,141.27, and Dogecoin /zigman2/quotes/226077044/realtime DOGEUSD +0.31% climbed 0.19% to 6 cents.
Polkadot /zigman2/quotes/226258900/realtime DOTUSD -0.04% , which saw the smallest increase, rose 0.02% to $6.35.
In crypto-related company news, shares of Coinbase Global Inc. /zigman2/quotes/225893452/composite COIN -4.37% climbed 3.51% to $65.27, while MicroStrategy Inc. /zigman2/quotes/202561856/composite MSTR -0.30% rose 3.53% to $213.34. Riot Blockchain Inc. /zigman2/quotes/209538617/composite RIOT -2.61% shares increased 1.61% to $6.94, and shares of Marathon Digital Holdings Inc. /zigman2/quotes/205886758/composite MARA -3.60% climbed 3.40% to $10.21.
Overstock.com Inc. /zigman2/quotes/200022359/composite OSTK -0.51% climbed 4.09% to $24.43, while Block Inc. /zigman2/quotes/205989440/composite SQ -1.50% increased 2.25% to $56.32 and Tesla Inc. /zigman2/quotes/203558040/lastsale TSLA -3.33% slipped 0.71% to $280.94.
PayPal Holdings Inc. /zigman2/quotes/208054269/composite PYPL -0.68% rose 1.05% to $86.65, and Ebang International Holdings Inc. Cl A /zigman2/quotes/219243771/composite EBON +3.05% shares climbed 2.91% to 38 cents. NVIDIA Corp. /zigman2/quotes/200467500/composite NVDA +1.99% rallied 1.63% to $126.15, and Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD +0.58% rose 1.05% to $67.96.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF /zigman2/quotes/204122720/composite BLOK -0.52% rose 1.14% to $18.62. The Bitwise Crypto Industry Innovators ETF /zigman2/quotes/226726487/composite BITQ -2.82% , which is focused on pure-play crypto companies, climbed 0.16% to $6.35. Grayscale Bitcoin Trust /zigman2/quotes/203330852/delayed GBTC +0.03% , which tracks the Bitcoin market price, climbed 0.18% to $11.38.