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Ethereum Falls Below This Key Level Following PCE Data; Bitcoin SV Becomes Top Loser

Benzinga ·  Oct 27, 2023 09:33

Bitcoin (CRYPTO: BTC) traded lower, but the cryptocurrency prices remained above the $34,000 level on Friday.

Ethereum (CRYPTO: ETH) also moved lower, falling below the key $1,800 mark this morning.

Core PCE prices in the US rose by 0.3% from the prior month in September. The annual rate, regarded as the Fed's preferred measure of inflation, fell to 3.7% in September.

Neo (CRYPTO: NEO) was the top gainer over the prior 24 hours, while Bitcoin SV (CRYPTO: BSV) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.26 trillion, recording a 24-hour decline of 0.6%. BTC was trading lower by 0.5% at $34,161 while ETH fell by around 1.6% to $1,795 on Friday.

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

Gainers

Neo (CRYPTO: NEO)
Price: $9.10
24-hour gain: 16.2%

FLOKI (CRYPTO: FLOKI)
Price: $0.00003743
24-hour gain: 14.8%

Injective (CRYPTO: INJ)
Price: $13.07
24-hour gain: 9.6%

THORChain (CRYPTO: RUNE)
Price: $2.37
24-hour gain: 4.3%

Bitget Token (CRYPTO: BGB)
Price: $0.4621
24-hour gain: 3.1%

Losers

Bitcoin SV (CRYPTO: BSV)
Price: $46.41
24-hour drop: 6.4%

Gala (CRYPTO: GALA)
Price: $0.01799
24-hour drop: 5.4%

Mina (CRYPTO: MINA)
Price: $0.6276
24-hour drop: 4.9%

Optimism (CRYPTO: OP)
Price: $1.39
24-hour drop: 4%

Polkadot (CRYPTO: DOT)
Price: $4.17
24-hour drop: 4%

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