Bitcoin Falls Following PPI Data; Bonk, Frax Share Among Top Losers

Author: Avi Kapoor | January 12, 2024 10:34am

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $46,000 level on Friday.

Ethereum (CRYPTO: ETH), however, moved higher, trading above the key $2,600 mark this morning.

Producer prices in the U.S. fell 0.1% month-over-month in December, the same as in the prior month, and compared to market estimates of a 0.1% rise

FTX Token (CRYPTO: FTT) was the top gainer over the prior 24 hours, while Bonk (CRYPTO: BONK) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.77 trillion, recording a 24-hour decline of 2%. BTC was trading lower by 3.1% at $45,870 while ETH rose by around 0.8% to $2,676 on Friday.

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

Gainers

 

FTX Token (CRYPTO: FTT)
Price: $3.15
24-hour gain: 13.9%

Sui (CRYPTO: SUI)
Price: $1.14
24-hour gain: 8%

Optimism (CRYPTO: OP)
Price: $4.20
24-hour gain: 7.9%

Blur (CRYPTO: BLUR)
Price: $0.6268
24-hour gain: 8.1%

Bitcoin Cash (CRYPTO: BCH)
Price: $284.06
24-hour gain: 4.2%

Losers

 

Bonk (CRYPTO: BONK)
Price: $0.00001493
24-hour drop: 11.3%

Frax Share (CRYPTO: FXS)
Price: $9.34
24-hour drop: 9.4%

Sei (CRYPTO: SEI)
Price: $0.7255
24-hour drop: 9.4%

Render (CRYPTO: RNDR)
Price: $3.99
24-hour drop: 8%

Solana (CRYPTO: SOL)
Price: $98.15
24-hour drop: 7.2%

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Posted In: $BCH $BLUR $BONK $BTC $ETH $FTT $OP $SEI $SOL