The cryptocurrency market continued to recover on Wednesday, with Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, surpassing the $23,000 level.
Although Bitcoin is still trading much lower than its all-time high level of $68,000, but the crypto’s current performance is still better than the low level of $18,000 recorded last month.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Ethereum (CRYPTO: ETH), the world’s second most valuable crypto, also recorded gains on Wednesday, climbing around 45% over the previous week. One of the main reasons of Ethereum’s price growth is the impending Ethereum merger.
Other popular altcoins, including Solana (CRYPTO: SOL), Dogecoin (CRYPTO: DOGE) and Ripple (CRYPTO: XRP), also recording gains during the session.
At the time of writing, the global cryptocurrency market capitalization climbed to $1.06 trillion, notching a 24-hour increase of more than 4%. BTC was trading higher by around 1.5% to $23,660, while ETH climbed around 0.6% to $1,568 on Monday.
Investors are now awaiting earnings results from Abbott Laboratories (NYSE:ABT) and Tesla, Inc. (NASDAQ:TSLA), scheduled for release today.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
- Waves (CRYPTO: WAVES)
Price: $6.50
24-hour gain: 18.9%
- Flow (CRYPTO: FLOW)
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Price: $2.06
24-hour gain: 17.8%
- Lido DAO (CRYPTO: LDO)
Price: $1.71
24-hour gain: 16.1%
- Enjin Coin (CRYPTO: ENJ)
Price: $0.6462
24-hour gain: 14.9%
- NEM (CRYPTO: XEM)
Price: $0.05291
24-hour gain: 14.7%
Losers
- Nexo (CRYPTO: NEXO)
Price: $0.7475
24-hour drop: 10.7%
- TerraClassicUSD (CRYPTO: USTC)
Price: $0.04261
24-hour drop: 2.3%
- Curve DAO Token (CRYPTO: CRV)
Price: $1.27
24-hour drop: 1.3%
- Arweave (CRYPTO: AR)
Price: $15.79
24-hour drop: 0.2%
- PAX Gold (CRYPTO: PAXG)
Price: $1,707.68
24-hour drop: 0.1%