Bitcoin Falls Following GDP, Jobless Claims Data; SATS, Blur Among Top Losers

Author: Avi Kapoor | January 25, 2024 11:42am

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $40,000 level on Thursday.

Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $2,200 mark this morning.

Helium (CRYPTO: HNT) was the top gainer over the prior 24 hours, while SATS (CRYPTO: 1000SATS) turned out to be the biggest loser.

The US economy grew an annualized 3.3% in the fourth quarter, versus market estimates of a 2% rise, and compared to a 4.9% rate in the prior quarter. U.S. initial jobless claims increased by 25,000 to 214,000 in the week ending Jan. 20.

At the time of writing, the global crypto market cap fell to $1.56 trillion, recording a 24-hour decline of 0.5%. BTC was trading lower by 0.4% at $40,083.61 while ETH fell by around 0.6% to $2,233 on Thursday.

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

Gainers

 

Helium (CRYPTO: HNT)
Price: $7.00
24-hour gain: 15.1%

IOTA (CRYPTO: IOTA)
Price: $0.2413
24-hour gain: 11.8%

Pendle (CRYPTO: PENDLE)
Price: $2.46
24-hour gain: 9%

Pyth Network (CRYPTO: PYTH)
Price: $0.3995
24-hour gain: 7.6%

Chiliz (CRYPTO: CHZ)
Price: $0.1053
24-hour gain: 5.3%

Losers

 

SATS (CRYPTO: 1000SATS)
Price: $0.0003965
24-hour drop: 10.2%

Blur (CRYPTO: BLUR)
Price: $0.6108
24-hour drop: 9%

Sei (CRYPTO: SEI)
Price: $0.6077
24-hour drop: 8.1%

Akash Network (CRYPTO: AKT)
Price: $2.54
24-hour drop: 7.4%

Injective (CRYPTO: INJ)
Price: $31.98
24-hour drop: 5.1%

Read This Next: Tesla, American Airlines And 3 Stocks To Watch Heading Into Thursday

Posted In: $AKT $BLUR $BTC $CHZ $ETH $HNT $INJ $IOTA $PENDLE $SEI