Ethereum Tops $1,700 Following Economic Data; Stacks Emerges As Top Gainer

Author: Lisa Levin | August 30, 2023 09:38am

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $27,000 level on Wednesday.

Ethereum (CRYPTO: ETH), also recorded gains, trading above the key $1,700 mark this morning.

The U.S. economy expanded at an annualized pace of 2.1% in the second quarter of 2023, versus the preliminary reading of 2.4% and compared to the first quarter's growth of 2.0% Private businesses in the U.S. added 177,000 workers in August, missing market estimates of a 195,000 rise and compared to a revised 371,000 gain in July.

Stacks (CRYPTO: STX) was the top gainer over the prior 24 hours, while Astar (CRYPTO: ASTR) turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.09 trillion, recording a 24-hour gain of 4.4%. BTC was trading higher by 5.4% at $27,422 while ETH rose by around 4.8% to $1,721 on Wednesday.

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

Gainers

Stacks (CRYPTO: STX)
Price: $0.5323
24-hour gain: 18.3%

Toncoin (CRYPTO: TON)
Price: $1.74
24-hour gain: 15.2%

Bitcoin Cash (CRYPTO: BCH)
Price: $216.59
24-hour gain: 12.2%

EOS (CRYPTO: EOS)
Price: $0.6298
24-hour gain: 8.2%

Pepe (CRYPTO: PEPE)
Price: $0.0000008849
24-hour gain: 7.1%

Losers

Astar (CRYPTO: ASTR)
Price: $0.05933
24-hour drop: 1.4%

Monero (CRYPTO: XMR)
Price: $143.06
24-hour drop: 1%

dYdX (CRYPTO: DYDX)
Price: $2.13
24-hour drop: 0.9%

Casper (CRYPTO: CSPR)
Price: $0.03639
24-hour drop: 0.6%

Bone ShibaSwap (CRYPTO: BONE)
Price: $1.27
24-hour drop: 0.2%

 

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Posted In: $BCH $BONE $BTC $EOS $ETH $PEPE $STX $XMR