Bitcoin, Ethereum Move Higher Following Jobs Data; Arweave Emerges As Top Gainer

Author: Avi Kapoor | May 03, 2024 08:42am

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $59,000 level on Friday.

Ethereum (CRYPTO: ETH) also edged higher, but remained below the key $3,000 mark this morning.

Arweave (CRYPTO: AR) was the top gainer over the prior 24 hours, while Sui (CRYPTO: SUI) turned out to be the biggest loser.

U.S. employers added 175,000 nonfarm payrolls in April, marking a reduction from the upwardly revised 315,000 reading in March and missing the expected 238,000, the Bureau of Labor Statistics said Friday.

At the time of writing, the global crypto market cap rose to $2.21 trillion, recording a 24-hour gain of 0.2%. BTC was trading higher by 1.8% at $59,749 while ETH rose by around 0.3% to $2,996 on Friday.

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

Gainers                                                

Arweave (CRYPTO: AR)

Price: $35.18

24-hour gain: 9.1%

Toncoin (CRYPTO: TON)

Price: $5.28    

24-hour gain: 8.3%

Optimism (CRYPTO: OP)

Price: $2.86

24-hour gain: 5.8%

Hedera (CRYPTO: HBAR)

Price: $0.1037

24-hour gain: 5.7%

Pendle (CRYPTO: PENDLE)

Price: $4.67

24-hour gain: 5.3%

Losers

Sui (CRYPTO: SUI)

Price: $1.07

24-hour drop: 6.5%

Axelar (CRYPTO: AXL)

Price: $1.22

24-hour drop: 5.6%

Celestia (CRYPTO: TIA)

Price: $9.77                

24-hour drop: 4.2%

Gnosis (CRYPTO: GNO)

Price: $298.94 

24-hour drop: 4.2%

Ethena (CRYPTO: ENA)

Price: $0.7922

24-hour drop: 3.3%

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Posted In: $AR $AXL $BTC $ETH $GNO $HBAR $OP $PENDLE $TIA $TON