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Litecoin leads way as most big cryptocurrencies post decreases

19 January 2022
in DOT
Reading Time: 2 mins read
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Largest cryptocurrencies drop on Litecoin, Bitcoin Cash decreases
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Related articles

Coinbase is testing a real-time employee feedback system. It sounds rough. – TechCrunch

28 May 2022

Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst

28 May 2022

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin
LTCUSD,
-3.29%
seeing the biggest move, falling 3.07% to $138.07.

Six additional currencies posted drops Wednesday. Bitcoin Cash
BCHUSD,
-2.47%
fell 2.37% to $373.93, and Cardano
ADAUSD,
-2.80%
declined 2.07% to $1.44.

Uniswap
UNIUSD,
-2.07%
fell 2.07% to $15.81, while Polkadot
DOTUSD,
-1.97%
shed 1.77% to $24.74. Ripple
XRPUSD,
-1.61%
dropped 1.37% to 75 cents.

Ethereum
ETHUSD,
-0.61%,
which posted the smallest decrease, sank 0.33% to $3,153.90

On the other hand, two cryptos posted increases, with Bitcoin
BTCUSD,
+0.08%
seeing the largest rise at 0.37% to $42,557.94. Dogecoin
DOGEUSD,
-0.12%
climbed 0.08% to 17 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.71%
increased 1.30% to $224.89, while MicroStrategy Inc.
MSTR,
+4.88%
climbed 4.08% to $487.39. Riot Blockchain Inc.
RIOT,
+2.83%
shares rose 1.82% to $19.04, and shares of Marathon Digital Holdings Inc.
MARA,
+2.65%
increased 1.63% to $26.50.

Overstock.com Inc.
OSTK,
+2.17%
rose 1.38% to $47.69, while Block Inc.
SQ,
+1.46%
climbed 1.34% to $131.74 and Tesla Inc.
TSLA,
-0.28%
held steady at $1,030.51.

PayPal Holdings Inc.
PYPL,
+0.99%
increased 1.29% to $176.71, and Ebang International Holdings Inc. Cl A
EBON,
+0.63%
shares were flat at 94 cents. NVIDIA Corp.
NVDA,
+1.35%
rallied 1.88% to $263.90, and Advanced Micro Devices Inc.
AMD,
+1.39%
increased 1.29% to $133.58.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.21%,
which is focused on pure-play crypto companies, rose 2.38% to $18.06. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.84%
increased 1.54% to $36.15. Grayscale Bitcoin Trust
GBTC,
+2.85%,
which tracks the Bitcoin market price, rallied 3.01% to $29.43.


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: Source link

Cryptohopper
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