Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency, breached the important $20,000 resistance level and surged past $20,600 on Friday.
However, traders remained cautious, with the US Federal Reserve expected to boost interest rates by as much as 100 basis points in a bid to curb spiking inflation, which would make riskier assets, including cryptos, less attractive as investments.
Popular altcoins, including Ethereum (CRYPTO: SOL), recorded gains over the past 24 hours.
At the time of writing, the global cryptocurrency market capitalization was around $925 billion, representing a 24-hour increase of around 2.5%. BTC was trading almost flat at $20,655, while Ethereum climbed around 1% to $1,203 on Friday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
Quant (CRYPTO: QNT)
Price: $108.48
24-hour gain: 26.4%
TerraClassicUSD (CRYPTO: USTC)
Price: $0.04623
24-hour gain: 22.6%
Compound (CRYPTO: COMP)
Price: $79.03
24-hour gain: 16.2%
Aave (CRYPTO: AAVE)
Price: $91.49
24-hour gain: 15.8%
Arweave (CRYPTO: AR)
Price: $2.63
24-hour gain: 13.9%
Losers
PAX Gold (CRYPTO: PAXG)
Price: $1,711.28
24-hour drop: 1%
Decred (CRYPTO: DCR)
Price: $22.91
24-hour drop: 0.3%
Binance USD (CRYPTO: BUSD)
Price: $0.9997
24-hour drop: 0.3%
Neutrino USD (CRYPTO: USDN)
Price: $0.9901
24-hour drop: 0.2%
Pax Dollar (CRYPTO: USDP)
Price: $1.00
24-hour drop: 0.1%
