Bitcoin Falls Following PPI Data; Kaspa Emerges As Top Gainer

Author: Lisa Levin | November 15, 2023 10:31am

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

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

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

Producer prices in the U.S. declined 0.5% month-over-month in October, the most since April 2020 and compared to market estimates of a 0.1% rise.

At the time of writing, the global crypto market cap rose to $1.4 trillion, recording a 24-hour gain of 0.7%. BTC was trading lower by 0.8% at $36,181 while ETH fell by around 0.8% to $2,018 on Wednesday.

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

Gainers

 

Kaspa (CRYPTO: KAS)
Price: $0.1094
24-hour gain: 26.2%

Celestia (CRYPTO: TIA)
Price: $6.38
24-hour gain: 25.7%

PancakeSwap (CRYPTO: CAKE)
Price: $2.71
24-hour gain: 22.6%

dYdX (ethDYDX) (CRYPTO: ETHDYDX)
Price: $3.96
24-hour gain: 22.1%

Cronos (CRYPTO: CRO)
Price: $0.108
24-hour gain: 21.6%

Losers

 

Bitget Token (CRYPTO: BGB)
Price: $0.5356
24-hour drop: 3.4%

XDC Network (CRYPTO: XDC)
Price: $0.05135
24-hour drop: 2.8%

Toncoin (CRYPTO: TON)
Price: $2.30
24-hour drop: 2.7%

XRP (CRYPTO: XRP)
Price: $0.6384
24-hour drop: 2.6%

OKB (CRYPTO: OKB)
Price: $60.04
24-hour drop: 2.4%

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Posted In: $BTC $CAKE $CRO $ETH $TIA $XRP