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Bitcoin Tops $27,000 After PCE Data; Pepe Emerges As Top Gainer

Published 29/09/2023, 15:06
© Reuters.  Bitcoin Tops $27,000 After PCE Data; Pepe Emerges As Top Gainer
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Benzinga - by Lisa Levin, Benzinga Editor.

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

Ethereum (CRYPTO: ETH) also moved higher, but traded below the key $1,700 mark this morning.

Core PCE prices in the U.S. rose by 0.1% month-over-month in August, the least since Nov. 2020, while the annual rate, regarded as the Fed’s preferred inflation measure, eased to 3.9%.

Pepe (CRYPTO: PEPE) was the top gainer over the prior 24 hours, while Maker (CRYPTO: MKR) turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.08 trillion, recording a 24-hour gain of 2%. BTC was trading higher by 2% at $27,003 while ETH rose by around 3.3% to $1,674 on Friday.

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

Gainers

Pepe (CRYPTO: PEPE)

Price: $0.0000007887

24-hour gain: 10.4%

Sui (CRYPTO: SUI)

Price: $0.4834

24-hour gain: 10.4%

Arbitrum (CRYPTO: ARB)

Price: $0.8958

24-hour gain: 7.3%

XRP (CRYPTO: XRP)

Price: $0.5365

24-hour gain: 7.2%

Gala (CRYPTO: GALA)

Price: $0.0142

24-hour gain: 6.4%

Losers

Maker (CRYPTO: MKR)

Price: $1,452.27

24-hour drop: 4.5%

Terra Classic (CRYPTO: LUNC)

Price: $0.00006255

24-hour drop: 3.4%

GateToken (CRYPTO: GT)

Price: $3.74

24-hour drop: 1.7%

XDC Network (CRYPTO: XDC)

Price: $0.04891

24-hour drop: 1.2%

Bitcoin SV (CRYPTO: BSV)

Price: $31.54

24-hour drop: 0.7%

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

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