Ethereum Tops $2,800 Following PPI Data; Render Emerges As Top Gainer

Author: Avi Kapoor | February 16, 2024 10:31am

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $52,000 level on Friday.

Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,800 mark this morning.

Render (CRYPTO: RNDR) was the top gainer over the prior 24 hours, while Beam (CRYPTO: BEAM) turned out to be the biggest loser.

U.S. producer prices for final demand rose 0.3% month-over-month in January, recording the biggest rise in five months, compared to a 0.1% fall in the previous month. However, analysts were expecting a 0.1% increase in producer prices.

At the time of writing, the global crypto market cap rose to $1.97 trillion, recording a 24-hour gain of 0.7%. BTC was trading higher by 0.3% at $52,399 while ETH rose by around 1.4% to $2,842 on Friday.

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

Gainers

 

Render (CRYPTO: RNDR)
Price: $5.59
24-hour gain: 13.5%

SATS (CRYPTO: 1000SATS)
Price: $0.0005361
24-hour gain: 13%

Arweave (CRYPTO: AR)
Price: $11.84
24-hour gain: 12.9%

The Graph (CRYPTO: GRT)
Price: $0.1969
24-hour gain: 8.4%

Bitget Token (CRYPTO: BGB)
Price: $0.8921
24-hour gain: 6.2%

Losers

 

Beam (CRYPTO: BEAM)
Price: $0.02798
24-hour drop: 7.4%

Helium (CRYPTO: HNT)
Price: $9.88
24-hour drop: 6.5%

Mantle (CRYPTO: MNT)
Price: $0.7653
24-hour drop: 5.1%

Mina (CRYPTO: MINA)
Price: $1.42
24-hour drop: 4%

Pyth Network (CRYPTO: PYTH)
Price: $0.6135
24-hour drop: 3.5%

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Posted In: $BEAM $BTC $ETH $GRT $HNT $MINA $PYTH $RNDR