Ethereum Edges Lower Following Jobless Claims Data; Synthetix, Compound Among Top Losers

Author: Lisa Levin | September 07, 2023 09:32am

Bitcoin (CRYPTO: BTC) edged lower, with the cryptocurrency prices trading below the $26,000 level on Thursday.

Ethereum (CRYPTO: ETH) also moved lower, trading below the key $1,700 mark this morning.

U.S. initial jobless claims declined by 13,000 from the previous week's revised reading to 216,000 in the week ending Sept. 2, compared to market expectations of 234,000.

Astar (CRYPTO: ASTR) was the top gainer over the prior 24 hours, while Synthetix (CRYPTO: SNX) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.04 trillion, recording a 24-hour decline of 0.1%. BTC was trading lower by 0.2% at $25,706 while ETH fell by around 0.4% to $1,627 on Thursday.

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

Gainers

Astar (CRYPTO: ASTR)
Price: $0.05812
24-hour gain: 5.1%

THORChain (CRYPTO: RUNE)
Price: $1.58
24-hour gain: 3.8%

IOTA (CRYPTO: MIOTA)
Price: $0.175
24-hour gain: 3.3%

Toncoin (CRYPTO: TON)
Price: $1.81
24-hour gain: 3%

Render (CRYPTO: RNDR)
Price: $1.41
24-hour gain: 2.8%

Losers

Synthetix (CRYPTO: SNX)
Price: $2.35
24-hour drop: 6.5%

Compound (CRYPTO: COMP)
Price: $39.64
24-hour drop: 2.7%

EOS (CRYPTO: EOS)
Price: $0.576
24-hour drop: 2.3%

XDC Network (CRYPTO: XDC)
Price: $0.05392
24-hour drop: 2.2%

SafePal (CRYPTO: SFP)
Price: $0.5898
24-hour drop: 2.2%

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Posted In: $BTC $COMP $EOS $ETH $MIOTA $RUNE $SFP $SNX