Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $38,000 level on Wednesday.
Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,000 mark this morning.
Sei (CRYPTO: SEI) was the top gainer over the prior 24 hours, while FTX Token (CRYPTO: FTT) turned out to be the biggest loser.
The US economy grew an annualized 5.2% in the third quarter, compared to 4.9% in the preliminary estimate, and higher than market estimates of 5%.
At the time of writing, the global crypto market cap rose to $1.43 trillion, recording a 24-hour gain of 2%. BTC was trading higher by 2.3% at $38,079 while ETH rose by around 1.5% to $2,055 on Wednesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
Sei (CRYPTO: SEI)
Price: $0.2934
24-hour gain: 28.4%
Terra Classic (CRYPTO: LUNC)
Price: $0.000121
24-hour gain: 26.1%
Stacks (CRYPTO: STX)
Price: $0.788
24-hour gain: 22.8%
THORChain (CRYPTO: RUNE)
Price: $6.39
24-hour gain: 15.8%
Terra (CRYPTO: LUNA)
Price: $0.8012
24-hour gain: 12.8%
Losers
FTX Token (CRYPTO: FTT)
Price: $4.02
24-hour drop: 6.3%
Lido DAO (CRYPTO: LDO)
Price: $2.27
24-hour drop: 2.9%
Optimism (CRYPTO: OP)
Price: $1.68
24-hour drop: 2.5%
Axie Infinity (CRYPTO: AXS)
Price: $6.55
24-hour drop: 2.4%
dYdX (ethDYDX) (CRYPTO: ETHDYDX)
Price: $3.14
24-hour drop: 2%
Read This Next: Insiders Buying Retractable Technologies And 3 Other Penny Stocks
