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Ethereum Drops Below $1,600; Loopring Becomes Top Loser – Bitcoin (BTC/USD), APE Coin (APE/USD) – Stocks to Watch
  • Thu. Apr 25th, 2024

Ethereum Drops Below $1,600; Loopring Becomes Top Loser – Bitcoin (BTC/USD), APE Coin (APE/USD)

ByLisa Levin

Nov 7, 2022
Ethereum Drops Below $1,600; Loopring Becomes Top Loser - Bitcoin (BTC/USD), APE Coin (APE/USD)

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Bitcoin BTC/USD, the most valued cryptocurrency in the world, climbed past the $21,000 level over the weekend, but pared gains to trade lower this morning on Monday.

U.S. released jobs reports on Friday, which showed the country’s economy adding 261,000 jobs last month, beating average economist estimates of 205,000 jobs. The U.S. unemployment rate, meanwhile, increased to 3.7%.

Ethereum ETH/USD also recorded losses, falling below the $1,600 mark on Monday.

Synthetix SNX/USD was the top gainer over the prior 24 hours, while Loopring LRC/USD turned out to be the biggest loser after recording sharp growth over the previous few days.

At the time of writing, the global crypto market cap fell to $1.03 trillion, recording a 24-hour decline of 2.8%. BTC was trading lower by 2.5% at $20,699, while ETH fell by around 3.1% to $1,574 on Monday.

Here are the top ten crypto gainers and losers over the past 24 hours:

Gainers

Price: $2.71

24-hour gain: 3.3%

Price: $1.21

24-hour gain: 3.1%

Price: $46.45

24-hour gain: 2%

Price: $0.03987

24-hour gain: 0.9%

Price: $0.02594

24-hour gain: 0.3%



Losers

Price: $0.3218

24-hour drop: 13.8%

Price: $31.01

24-hour drop: 13%

Price: $7.02

24-hour drop: 12.2%

Price: $13.79

24-hour drop: 11.2%

Price: $4.56

24-hour drop: 9.9%

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Image and article originally from www.benzinga.com. Read the original article here.