Bitcoin Tumbles Below This Key Level Following Economic Data; Pepe, Huobi Token Among Top Losers

Author: Lisa Levin | May 12, 2023 10:39am

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $27,000 level on Friday.

Ethereum (CRYPTO: ETH) also traded lower, falling below the key $1,800 mark this morning.

The University of Michigan consumer sentiment dropped to a six-month low level of 57.7 in May from 63.5 in the prior month.

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

At the time of writing, the global crypto market cap fell to $1.11 trillion, recording a 24-hour decline of 1.4%. BTC was trading lower by 2.7% at $26,460 while ETH fell by around 1.7% to $1,774 on Friday.

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

Gainers

• Kava (CRYPTO: KAVA)

Price: $0.9337
24-hour gain: 6.9%

• Lido DAO (CRYPTO: LDO)

Price: $1.81
24-hour gain: 4.6%

• Trust Wallet Token (CRYPTO: TWT)

Price: $1.10
24-hour gain: 3.2%

• Render Token (CRYPTO: RNDR)

Price: $1.73
24-hour gain: 2.9%

• Cardano (CRYPTO: ADA)

Price: $0.3646
24-hour gain: 2.5%

Losers

• Pepe (CRYPTO: PEPE)

Price: $0.000001293
24-hour drop: 19.8%

• Huobi Token (CRYPTO: HT)

Price: $2.75
24-hour drop: 5.6%

• Toncoin (CRYPTO: TON)

Price: $1.87
24-hour drop: 4.6%

• PancakeSwap (CRYPTO: CAKE)

Price: $1.80
24-hour drop: 4.6%

• Conflux (CRYPTO: CFX)

Price: $0.2479
24-hour drop: 4.3%

 

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Posted In: $ADA $BTC $CAKE $CFX $ETH $KAVA $LDO $PEPE $TWT