Bitcoin, Ethereum Edge Lower Following Jobless Claims Data; GMX, Astar Among Top Losers

Author: Lisa Levin | August 31, 2023 10:11am

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

Ethereum (CRYPTO: ETH), also recorded losses, but traded above the key $1,700 mark this morning.

U.S. initial jobless claims fell by 4,000 from the previous week’s revised reading to 228,000 on the week ending Aug. 26, compared to market estimates of 235,000. Core PCE prices in the U.S. rose by 0.2% month-over-month in July.

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

At the time of writing, the global crypto market cap fell to $1.08 trillion, recording a 24-hour decline of 0.8%. BTC was trading lower by 0.8% at $27,216 while ETH fell by around 0.9% to $1,704 on Thursday.

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

Gainers

Maker (MKR)
Price: $1,144.66
24-hour gain: 8.8%

Mantle (MNT)
Price: $0.4537
24-hour gain: 2.8%

Dogecoin (DOGE)
Price: $0.06632
24-hour gain: 1.3%

MultiversX (EGLD)
Price: $26.53
24-hour gain: 1.3%

IOTA (MIOTA)
Price: $0.1578
24-hour gain: 1%

Losers

GMX (CRYPTO: GMX)
Price: $35.80
24-hour drop: 6.3%

Astar (CRYPTO: ASTR)
Price: $0.05642
24-hour drop: 5%

XDC Network (CRYPTO: XDC)
Price: $0.05997
24-hour drop: 5%

Synthetix (CRYPTO: SNX)
Price: $1.97
24-hour drop: 4.5%

Solana (CRYPTO: SOL)
Price: $20.70
24-hour drop: 4%

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Posted In: $BTC $ETH $SNX $SOL