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Bitcoin Falls Below $42,000 Following Inflation Data; Frax Share, eCash Among Top Losers

Author: Avi Kapoor | December 12, 2023 11:11am

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the $42,000 level on Tuesday.

Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning.

KuCoin Token (CRYPTO: KCS) was the top gainer over the prior 24 hours, while Frax Share (CRYPTO: FXS) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.57 trillion, recording a 24-hour decline of 0.9%. BTC was trading lower by 1.5% at $41,657 while ETH fell by around 1.7% to $2,209 on Tuesday.

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

Gainers

 

KuCoin Token (CRYPTO: KCS)
Price: $13.58
24-hour gain: 36.9%

Osmosis (CRYPTO: OSMO)
Price: $1.02
24-hour gain: 23.5%

Celestia (CRYPTO: TIA)
Price: $12.50
24-hour gain: 21.4%

Beam (CRYPTO: BEAM)
Price: $0.02111
24-hour gain: 16.4%

Injective (CRYPTO: INJ)
Price: $26.46
24-hour gain: 15.7%

Losers

 

Frax Share (CRYPTO: FXS)
Price: $8.64
24-hour drop: 9.1%

eCash (CRYPTO: XEC)
Price: $0.00003359
24-hour drop: 7.8%

Curve DAO Token (CRYPTO: CRV)
Price: $0.6478
24-hour drop: 6.9%

BitTorrent (New) (CRYPTO: BTT)
Price: $0.000001324
24-hour drop: 6.6%

Terra (CRYPTO: LUNA)
Price: $0.9528
24-hour drop: 6.3%

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Posted In: $BEAM $BTC $BTT $CRV $ETH $INJ $KCS $LUNA $TIA $XEC

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