In Wednesday's morning trading session, key cryptocurrencies and crypto-related company stocks saw notable increases. Uniswap led the pack among digital currencies, surging 3.42% to $4.38. Ethereum and Bitcoin followed closely with respective increases of 1.96% to $1,617.72 and 1.74% to $26,604.00. Other cryptocurrencies such as Dogecoin, Polkadot, and Ripple also posted gains, with Ripple climbing 0.51% to 50 cents and Polkadot rising 0.89% to $4.04. On the other hand, Polygon experienced a slight drop.
Crypto-related company stocks also performed well during the same trading session. Coinbase (NASDAQ:COIN) Global rose 2.42% to $72.23, followed by MicroStrategy which saw a 1.94% increase to $323.45. Riot Platforms also reported gains, increasing 2.70% to $9.31.
Several Exchange-Traded Funds (ETFs) also posted positive results, with Amplify Transformational Data Sharing ETF rallying 1.54% to $19.77 and Grayscale Bitcoin Trust rising 0.94% to $18.34.
The report also noted stock movements of PayPal (NASDAQ:PYPL) Holdings and Ebang International Holdings, as well as the performance of NVIDIA Corp (NASDAQ:NVDA)., and Advanced Micro Devices (NASDAQ:AMD) Inc., although specific details were not provided.
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