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Bitcoin Falls Below $58,000 Following ADP Report; Arweave, Stacks Among Top Losers

Published 01/05/2024, 14:42
Updated 01/05/2024, 16:10
© Reuters Bitcoin Falls Below $58,000 Following ADP Report; Arweave, Stacks Among Top Losers
BTC/USD
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ETH/USD
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Benzinga - Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $58,000 level on Wednesday.

Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,900 mark this morning.

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

U.S. private employers added 192,000 new jobs during the month of April, compared to a revised 208,000 in March, topping market estimates of a 175,000 gain.

At the time of writing, the global crypto market cap fell to $2.14 trillion, recording a 24-hour decline of 4.9%. BTC was trading lower by 6% at $57,623 while ETH fell by around 4.3% to $2,887 on Wednesday.

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

Gainers Optimism (CRYPTO: OP)

  • Price: $2.53
  • 24-hour gain: 7.2%

Cosmos (CRYPTO: ATOM)

  • Price: $8.38
  • 24-hour gain: 7.1%

Starknet (CRYPTO: STRK)

  • Price: $1.21
  • 24-hour gain: 5.7%

Flare (CRYPTO: FLR)

  • Price: $0.0295
  • 24-hour gain: 4.8%

Axelar (CRYPTO: AXL)

  • Price: $1.09
  • 24-hour gain: 4.2%

Losers Arweave (CRYPTO: AR)

  • Price: $27.22
  • 24-hour drop: 19.3%

Stacks (CRYPTO: STX)

  • Price: $2.02
  • 24-hour drop: 12.2%

Pepe (CRYPTO: PEPE)

  • Price: $0.000006141
  • 24-hour drop: 11.4%

Neo (CRYPTO: NEO)

  • Price: $15.64
  • 24-hour drop: 11.4%

Sei (CRYPTO: SEI)

  • Price: $0.5292
  • 24-hour drop: 9.1%

Read This Next: Amazon, Pfizer And 3 Stocks To Watch Heading Into Wednesday

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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