Bitcoin Tops $18,000 Following Inflation Data; Avalanche, NEAR Protocol Among Top Gainers

Author: Lisa Levin | January 12, 2023 10:46am

Bitcoin (CRYPTO: BTC) traded higher this morning following the release of US inflation data, with the cryptocurrency prices trading past the $18,000 level on Thursday.

Ethereum (CRYPTO: ETH), also traded higher, trading close to the key $1,400 mark on Thursday.

Avalanche (CRYPTO: AVAX) was the top gainer over the prior 24 hours, while ApeCoin (CRYPTO: APE) turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $885.00 billion, recording a 24-hour gain of 3.5%. BTC was trading higher by 3.9% at $18,092, while ETH rose by around 3.8% to $1,384 on Thursday.

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

Gainers

• Avalanche (CRYPTO: AVAX)

Price: $15.24
24-hour gain: 21.9%

• NEAR Protocol (CRYPTO: NEAR)

Price: $1.80
24-hour gain: 14.4%

• Aave (CRYPTO: AAVE)

Price: $66.76
24-hour gain: 9.8%

• Flow (CRYPTO: FLOW)

Price: $0.8482
24-hour gain: 9.8%

• Gala (CRYPTO: GALA)

Price: $0.04121
24-hour gain: 9.4%

Losers

• ApeCoin (CRYPTO: APE)

Price: $4.67
24-hour drop: 3.7%

• Nexo (CRYPTO: NEXO)

Price: $0.7075
24-hour drop: 2.9%

• Pax Dollar (CRYPTO: USDP)

Price: $0.9943
24-hour drop: 0.9%

• Kava (CRYPTO: KAVA)

Price: $0.7291
24-hour drop: 0.7%

• UNUS SED LEO (CRYPTO: LEO)

Price: $3.44
24-hour drop: 0.6%

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Posted In: $AAVE $APE $AVAX $BTC $ETH $FLOW $KAVA $NEAR