This article was automatically generated by MarketWatch using technology from Automated Insights.
All large cryptocurrencies were down during U.S. morning trading on Wednesday, with Cardano seeing the biggest move, tumbling 5.92% to 26 cents.
Sui dropped 5.74% to $1.12, and Dogecoin fell 5.39% to 9 cents.
Ethereum dropped 5.39% to $2,568.34 on Wednesday, while Solana dropped 4.00% to $116.16 and XRP shed 4.63% to $1.43.
Bitcoin and Avalanche fell 2.86% to $83,155.30 and 1.41% to $11.28, respectively.
Tronix rounded out the decreases with a 0.46% decline to 33 cents.
In crypto-related company news, shares of Coinbase Global Inc. dropped 3.53% to $179.18, while Strategy Inc. fell 4.83% to $156.60. Riot Platforms Inc. shares dropped 3.41% to $18.29, and shares of MARA Holdings Inc. shed 4.18% to $10.51.
Block Inc. declined 1.58% to $75.33 and Tesla Inc. sank 0.78% to $377.70.
PayPal Holdings Inc. rose 0.11% to $54.67, and Ebang International Holdings Inc. shares slipped 1.00% to $1.98. NVIDIA Corp. slipped 0.27% to $238.60, and Advanced Micro Devices Inc. fell 1.44% to $640.09.
In the fund space, blockchain-focused Amplify Blockchain Technology ETF fell 2.44% to $60.45. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, fell 3.35% to $24.56.
Data source: Dow Jones Market Data, FactSet