Bitcoin, Ethereum Move Lower Following CPI Data; Cosmos Becomes Top Loser

Author: Lisa Levin | November 14, 2023 10:38am

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $37,000 level on Tuesday.

Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $2,000 mark this morning.

Bitget Token (CRYPTO: BGB) was the top gainer over the prior 24 hours, while Cosmos (CRYPTO: ATOM) turned out to be the biggest loser.

The annual inflation rate in the U.S. eased to 3.2% in October versus 3.7% in both September and August, and compared to market estimates of 3.3%.

At the time of writing, the global crypto market cap fell to $1.39 trillion, recording a 24-hour decline of 1.6%. BTC was trading lower by 1.4% at $36,423 while ETH fell by around 1.2% to $2,030 on Tuesday.

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

Gainers

 

Bitget Token (CRYPTO: BGB)
Price: $0.5584
24-hour gain: 14.4%

Gnosis (CRYPTO: GNO)
Price: $171.24
24-hour gain: 11.9%

Frax Share (CRYPTO: FXS)
Price: $7.41
24-hour gain: 9.5%

Polygon (CRYPTO: MATIC)
Price: $0.939
24-hour gain: 7.4%

Kaspa (CRYPTO: KAS)
Price: $0.08644
24-hour gain: 5.2%

Losers

 

Cosmos (CRYPTO: ATOM)
Price: $9.07
24-hour drop: 11.9%

Filecoin (CRYPTO: FIL)
Price: $4.90
24-hour drop: 11%

FTX Token (CRYPTO: FTT)
Price: $3.24
24-hour drop: 10.4%

Internet Computer (CRYPTO: ICP)

Price: $4.36
24-hour drop: 10.1%

Decentraland (CRYPTO: MANA)
Price: $0.4316
24-hour drop: 7.7%

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Posted In: $ATOM $BTC $ETH $FIL $FTT $ICP $MANA $MATIC