Bitcoin was trading around $17,270 at 9:45 a.m. EST, up 0.1% over the past 24 hours, according to TradingView data. 

Ether traded about $1,334, adding 0.6%, while altcoins like Ripple's XRP and Polygon's MATIC traded lower, falling by 1.4% and 2.3%, respectively. Solana's SOL and Polkadot's DOT both shed 2.3%.

Coinbase jumped more than 3% after announcing job cuts affecting about 25% of its workforce.

Silvergate, which announced layoffs of its own last week, gained about 3%.