All major cryptocurrencies experienced gains during morning trading on Wednesday. The largest change was seen in Solana (SOLUSD), which rose by 5.93% to reach $85.87.
Other notable increases include Polkadot (DOTUSD), climbing 2.83% to $6.39, and Dogecoin (DOGEUSD), rising 2.75% to 8 cents.
Polygon (MATICUSD) and Uniswap (UNIUSD) both saw a 2.75% increase, reaching 73 cents and $5.77, respectively.
Bitcoin (BTCUSD) increased by 1.20% to reach $39,866.60, while Ethereum (ETHUSD) also experienced a 1.20% increase, reaching $2,228.74.
Ripple (XRPUSD) and Cardano (ADAUSD) also saw gains, climbing 0.84% to 51 cents and 0.54% to 47 cents, respectively.
In other crypto-related company news, Coinbase Global Inc. (COIN) shares slid 0.64% to $123.40, MicroStrategy Inc. (MSTR) sank 0.01% to $450.14, Riot Platforms Inc. (RIOT) shares climbed 0.34% to $10.42, and Marathon Digital Holdings Inc. (MARA) rose 1.80% to $16.40.
Block Inc. (SQ) slid 0.67% to $65.76, while Tesla Inc. (TSLA) had a modest increase of 0.10% to $209.34.
PayPal Holdings Inc. (PYPL) climbed 0.15% to $64.88, and Ebang International Holdings Inc. (EBON) experienced a substantial jump of 10.09% to $10.26. NVIDIA Corp. (NVDA) rose 2.50% to $613.67, while Advanced Micro Devices Inc. (AMD) climbed 4.22% to $175.53.
In the fund space, the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, increased by 1.27% to $8.38. The Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) also experienced an increase of 1.18%, reaching $26.59.
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