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Bitcoin Edges Higher Following Current Account Report; Stacks Emerges As Top Gainer

Published 20/12/2023, 14:32
© Reuters.  Bitcoin Edges Higher Following Current Account Report; Stacks Emerges As Top Gainer

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Bitcoin (CRYPTO: BTC) edged higher, but the cryptocurrency prices traded below the key $43,000 level on Wednesday.

Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading above the key $2,200 mark this morning.

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

The US current account deficit narrowed by 7.6% to $200.3 billion in the third quarter, versus the revised figure of $216.8 billion in the prior quarter and compared to markets estimates of a $196 billion gap.

At the time of writing, the global crypto market cap rose to $1.61 trillion, recording a 24-hour gain of 0.01%. BTC was trading higher by 0.2% at $42,973 while ETH fell by around 0.9% to $2,211 on Wednesday.

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

Gainers

Stacks (CRYPTO: STX)

Price: $1.43

24-hour gain: 21.3%

NEAR Protocol (CRYPTO: NEAR)

Price: $2.90

24-hour gain: 19.7%

Mina (CRYPTO: MINA)

Price: $0.8722

24-hour gain: 16%

Sui (CRYPTO: SUI)

Price: $0.6954

24-hour gain: 10.9%

VeChain (CRYPTO: VET)

Price: $0.03576

24-hour gain: 10.9%

Losers

Terra Classic (CRYPTO: LUNC)

Price: $0.0001538

24-hour drop: 11%

Bonk (CRYPTO: BONK)

Price: $0.00001833

24-hour drop: 6.9%

SATS (CRYPTO: 1000SATS)

Price: $0.0006853

24-hour drop: 5.9%

Terra (CRYPTO: LUNA)

Price: $0.9485

24-hour drop: 5.1%

Osmosis (CRYPTO: OSMO)

Price: $1.40

24-hour drop: 3.3%

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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