Bitcoin, Ethereum Fall Following Jobless Claims Data; Kava, Lido DAO Among Top Losers

Author: Lisa Levin | June 08, 2023 09:43am

Bitcoin (CRYPTO: BTC) traded lower, but the cryptocurrency prices remained above the $26,000 level on Thursday.

Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $1,800 mark this morning.

U.S. initial jobless claims rose to 261,000 in the week ended June 3, the highest level since Oct. 2021, and above market estimates of 235,000.

Terra Classic (CRYPTO: LUNC) was the top gainer over the prior 24 hours, while Kava (CRYPTO: KAVA) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.1 trillion, recording a 24-hour decline of 1.5%. BTC was trading lower by 1.2% at $26,497 while ETH fell by around 1% to $1,848 on Thursday.

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

Gainers

• Terra Classic (CRYPTO: LUNC)

Price: $0.00009955
24-hour gain: 2.9%

• XDC Network (CRYPTO: XDC)

Price: $0.03462
24-hour gain: 2.8%

• Stacks (CRYPTO: STX)

Price: $0.6431
24-hour gain: 1.1%

• WOO Network (CRYPTO: WOO)

Price: $0.2219
24-hour gain: 0.8%

• EOS (CRYPTO: EOS)

Price: $0.8853
24-hour gain: 0.8%

Losers

• Kava (CRYPTO: KAVA)

Price: $0.9936
24-hour drop: 10.3%

• Lido DAO (CRYPTO: LDO)

Price: $2.18
24-hour drop: 8.3%

• Klaytn (CRYPTO: KLAY)

Price: $0.1644
24-hour drop: 7.2%

• Sui (CRYPTO: SUI)

Price: $0.741
24-hour drop: 5.9%

• Algorand (CRYPTO: ALGO)

Price: $0.1245
24-hour drop: 5.9%

 

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