Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $28,000 level on Thursday.
Ethereum (CRYPTO: ETH) also traded lower, but remained above the key $1,800 mark this morning.
Producer prices for final demand rose 0.2% month-over-month in April versus a revised 0.4% decline in the prior month. U.S. initial jobless claims rose by 22,000 to 264,000 in the week ending May 6, above market estimates of 245,000.
UNUS SED LEO (CRYPTO: LEO) was the top gainer over the prior 24 hours, while Pepe (CRYPTO: PEPE) turned out to be the biggest loser.
At the time of writing, the global crypto market cap fell to $1.13 trillion, recording a 24-hour decline of 2.6%. BTC was trading lower by 2.9% at $27,361 while ETH rose by around 3.1% to $1,817 on Thursday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
- UNUS SED LEO (CRYPTO: LEO)
Price: $3.62
24-hour gain: 2.1%
- Kava (CRYPTO: KAVA)
Price: $0.8801
24-hour gain: 1.2%
- Uniswap (CRYPTO: UNI)
Price: $5.12
24-hour gain: 0.3%
- USD Coin (CRYPTO: USDC)
Price: $1.00
24-hour gain: 0.1%
- Tether (CRYPTO: USDT)
Price: $1.00
24-hour gain: 0.1%
Losers
- Pepe (CRYPTO: PEPE)
Price: $0.000001585
24-hour drop: 20.9%
- Render Token (CRYPTO: RNDR)
Price: $1.68
24-hour drop: 12.8%
- Injective (CRYPTO: INJ)
Price: $6.12
24-hour drop: 10.9%
- Bitcoin SV (CRYPTO: BSV)
Price: $35.11
24-hour drop: 10.6%
- Optimism (CRYPTO: OP)
Price: $1.61
24-hour drop: 9.6%
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