Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Ethereum Falls Below $4,000 Following PPI Data; Bittensor, ApeCoin Among Top Losers

Published 14/03/2024, 13:32
© Reuters.  Ethereum Falls Below $4,000 Following PPI Data; Bittensor, ApeCoin Among Top Losers

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $73,000 level on Thursday.

Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $4,000 mark this morning.

dogwifhat (CRYPTO: WIF) was the top gainer over the prior 24 hours, while Bittensor (CRYPTO: TAO) turned out to be the biggest loser.

The Producer Price Index for final demand in the U.S. increased by 0.6% month-over-month in February, higher than market expectations of a 0.3% rise.

At the time of writing, the global crypto market cap rose to $2.76 trillion, recording a 24-hour gain of 2.1%. BTC was trading lower by 0.5% at $72,710 while ETH fell by around 2.3% to $3,931 on Thursday.

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

Gainers

dogwifhat (CRYPTO: WIF)

Price: $3.28

24-hour gain: 43.1%

Bonk (CRYPTO: BONK)

Price: $0.00003557

24-hour gain: 21.2%

Pepe (CRYPTO: PEPE)

Price: $0.000009999

24-hour gain: 14.7%

Solana (CRYPTO: SOL)

Price: $171.71

24-hour gain: 12.4%

Dogecoin (CRYPTO: DOGE)

Price: $0.1857

24-hour gain: 9.1%

Losers

Bittensor (CRYPTO: TAO)

Price: $633.77

24-hour drop: 7.9%

ApeCoin (CRYPTO: APE)

Price: $2.32

24-hour drop: 7.8%

Gala (CRYPTO: GALA)

Price: $0.0693

24-hour drop: 7.8%

Arweave (CRYPTO: AR)

Price: $37.24

24-hour drop: 7.1%

Arbitrum (CRYPTO: ARB)

Price: $2.02

24-hour drop: 6.9%

Read This Next: Top 3 Consumer Stocks That Could Lead To Your Biggest Gains This Quarter

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

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.