Bitcoin Drops But Remains Above This Key Level; Optimism, Conflux Among Top Losers

Author: Lisa Levin | May 31, 2023 10:13am

Bitcoin (CRYPTO: BTC) traded lower, but the cryptocurrency prices remained above the $27,000 level on Wednesday.

Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $1,800 mark this morning.

XDC Network (CRYPTO: XDC) was the top gainer over the prior 24 hours, while Optimism (CRYPTO: OP) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.14 trillion, recording a 24-hour decline of 2.6%. BTC was trading lower by 3.1% at $27,056 while ETH fell by around 2.2% to $1,865 on Wednesday.

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

Gainers

• XDC Network (CRYPTO: XDC)

Price: $0.0328
24-hour gain: 4.7%

• Quant (CRYPTO: QNT)

Price: $115.79
24-hour gain: 2.4%

• The Graph (CRYPTO: GRT)

Price: $0.1302
24-hour gain: 1.2%

• XRP (CRYPTO: XRP)

Price: $0.5054
24-hour gain: 0.7%

• Tether (CRYPTO: USDT)

Price: $1.00
24-hour gain: 0.1%

Losers

• Optimism (CRYPTO: OP)

Price: $1.39
24-hour drop: 10.1%

• Conflux (CRYPTO: CFX)

Price: $0.2871
24-hour drop: 9.4%

• Pepe (CRYPTO: PEPE)

Price: $0.000001253
24-hour drop: 9.3%

• Kava (CRYPTO: KAVA)

Price: $1.04
24-hour drop: 8.8%

• Sui (CRYPTO: SUI)

Price: $0.969
24-hour drop: 7.7%

 

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Posted In: $BTC $CFX $ETH $GRT $KAVA $OP $PEPE $QNT $USDT $XRP