Ethereum Tops $1,600 Following US Jobs Data; Dogecoin Becomes Top Loser

Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, traded higher on Friday following the release of US jobs data.

The U.S. added 261,000 jobs last month, beating average economist estimates of 205,000 jobs. The U.S. unemployment rate came in at 3.7%, missing the 3.5% level.

Ethereum (CRYPTO: ETH) also recorded gains, surpassing the $1,600 mark on Friday.

Loopring (CRYPTO: LRC) was the top gainer over the prior 24 hours, while Dogecoin (CRYPTO: DOGE) turned out to be the biggest loser after recording sharp growth over the previous few days.

At the time of writing, the global crypto market cap rose to $1.04 trillion, recording a 24-hour gained of 4.1%. BTC was trading higher by 3.4% at $20,847, while ETH rose by around 5.4% to $1,615 on Friday.

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

Gainers

• Loopring (CRYPTO: LRC)

Price: $0.3682
24-hour gain: 36.5%

• OKB (CRYPTO: OKB)

Price: $20.60
24-hour gain: 26.2%

• Polygon (CRYPTO: MATIC)

Price: $1.15
24-hour gain: 23.7%

• Lido DAO (CRYPTO: LDO)

Price: $1.78
24-hour gain: 17.3%

• Curve DAO Token (CRYPTO: CRV)

Price: $1.01
24-hour gain: 13.8%

Losers

• Dogecoin (CRYPTO: DOGE)

Price: $0.1245
24-hour drop: 3.5%

• Chain (CRYPTO: XCN)

Price: $0.05132
24-hour drop: 2.8%

• Klaytn (CRYPTO: KLAY)

Price: $0.2355
24-hour drop: 2.4%

• Elrond (CRYPTO: EGLD)

Price: $60.40
24-hour drop: 0.9%

• Binance USD (CRYPTO: BUSD)

Price: $0.9997
24-hour drop: 0.2%