Ethereum Dips Below $1,200; FTX Token, Solana Among Biggest Losers

Cryptocurrency prices continued to move lower this morning, with prices for Bitcoin BTC/USD, the most valued cryptocurrency in the world, tumbling below the $18,000 level on Wednesday.

Ethereum ETH/USD recorded double-digit losses, falling below the $1,200 mark on Wednesday.

PAX Gold PAXG/USD was the top gainer over the prior 24 hours, while FTX Token FTT/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $864.25 billion, recording a 24-hour decline of 10.7%. BTC was trading lower by 9.4% at $17,580, while ETH fell by around 18% to $1,196 on Wednesday.

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

Gainers

• PAX Gold PAXG/USD

Price: $1,702.36
24-hour gain: 2.2%

• BinaryX BNX/USD

Price: $143.50
24-hour gain: 1.1%

• Pax Dollar USDP/USD

Price: $1.00
24-hour gain: 0.5%

• Binance USD BUSD/USD

Price: $1.00
24-hour gain: 0.2%

• USD Coin USDC/USD

Price: $1.00
24-hour gain: 0.1%

Losers

• FTX Token FTT/USD

Price: $4.32
24-hour drop: 72.5%

• Solana SOL/USD

Price: $18.09
24-hour drop: 34.2%

• Aptos APT/USD

Price: $4.42
24-hour drop: 27.8%

• Lido DAO LDO/USD

Price $1.10
24-hour drop: 27.6%

• Curve DAO Token CRV/USD

Price: $0.685
24-hour drop: 23%