Bitcoin Rises Above This Key Level Following Recent Labor Market Data; Stacks Emerges As Top Gainer

Author: Lisa Levin | April 10, 2023 09:38am

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $28,000 level on Monday.

Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.

On Friday, the Labor Department reported the U.S. economy added 236,000 jobs in March, just shy of economist estimates of 240,000 new jobs. U.S. wages grew 4.2% year-over-year, while the unemployment rate ticked lower from 3.6% to 3.5%.

Stacks (CRYPTO: STX) was the top gainer over the prior 24 hours, while Mask Network (CRYPTO: MASK) turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.18 trillion, recording a 24-hour gain of 0.7%. BTC was trading higher by 1.2% at $28,306 while ETH rose by around 0.7% to $1,855 on Monday.

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

Gainers

• Stacks (CRYPTO: STX)

Price: $0.85
24-hour gain: 6.1%

• SingularityNET (CRYPTO: AGIX)

Price: $0.3918
24-hour gain: 4.8%

• Render Token (CRYPTO: RNDR)

Price: $1.32
24-hour gain: 3.8%

• THORChain (CRYPTO: RUNE)

Price: $1.60
24-hour gain: 3.5%

• Kava (CRYPTO: KAVA)

Price: $0.8847
24-hour gain: 3.1%

Losers

• Mask Network (CRYPTO: MASK)

Price: $5.44
24-hour drop: 2.5%

• Chiliz (CRYPTO: CHZ)

Price: $0.1283
24-hour drop: 2.5%

• Curve DAO Token (CRYPTO: CRV)

Price: $0.9944
24-hour drop: 1.8%

• Enjin Coin (CRYPTO: ENJ)

Price: $0.4267
24-hour drop: 1.7%

• Frax Share (CRYPTO: FXS)

Price: $8.85
24-hour drop: 1.6%

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Posted In: $BTC $CHZ $CRV $ENJ $ETH $KAVA $RUNE $STX