Bitcoin Falls Below $37,000 Following PCE Data; Sei, Stacks Among Top Losers

Author: Lisa Levin | November 30, 2023 10:33am

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $38,000 level on Thursday.

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

IOTA (CRYPTO: IOTA) was the top gainer over the prior 24 hours, while Sei (CRYPTO: SEI) turned out to be the biggest loser.

The personal consumption expenditure price index in the U.S. came in flat month-over-month in October following a 0.4% increase in September. Annual core PCE inflation eased to 3.5% from 3.7%.

At the time of writing, the global crypto market cap fell to $1.42 trillion, recording a 24-hour decline of 0.7%. BTC was trading lower by 0.7% at $37,866 while ETH fell by around 0.7% to $2,041 on Thursday.

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

Gainers

 

IOTA (CRYPTO: IOTA)
Price: $0.2404
24-hour gain: 38.4%

Theta Network (CRYPTO: THETA)
Price: $1.04
24-hour gain: 8.4%

Injective (CRYPTO: INJ)
Price: $18.01
24-hour gain: 5.8%

ApeCoin (CRYPTO: APE)
Price: $1.63
24-hour gain: 4.3%

Render (CRYPTO: RNDR)
Price: $3.42
24-hour gain: 4.3%

Losers

 

Sei (CRYPTO: SEI)
Price: $0.2379
24-hour drop: 16.8%

Stacks (CRYPTO: STX)
Price: $0.7055
24-hour drop: 11.4%

Uniswap (CRYPTO: UNI)
Price: $5.89
24-hour drop: 6.6%

Blur (CRYPTO: BLUR)
Price: $0.4908
24-hour drop: 5.2%

Klaytn (CRYPTO: KLAY)
Price: $0.1889
24-hour drop: 4.8%

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Posted In: $APE $BLUR $BTC $ETH $INJ $IOTA $KLAY $STX $THETA $UNI