Bitcoin Jumps Above $30,000 Following PPI Data; WOO Network Emerges As Top Gainer

Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the key $30,000 level on Thursday following the release of PPI data.

Ethereum ETH/USD also moved higher, trading above the key $1,900 mark this morning.
Producer prices for final demand declined 0.5% month-over-month in March, recording the biggest drop since April 2020.

WOO Network WOO/USD was the top gainer over the prior 24 hours, while Stacks STX/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.25 trillion, recording a 24-hour gain of 2.2%. BTC was trading higher by 0.7% at $30,212 while ETH rose by around 6.2% to $1,987 on Thursday.

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

Gainers

• WOO Network WOO/USD

Price: $0.2553
24-hour gain: 15.8%

• Arbitrum ARB/USD

Price: $1.31
24-hour gain: 12.4%

• Convex Finance CVX/USD

Price: $5.75
24-hour gain: 7.4%

• Ethereum Classic ETC/USD

Price: $22.50
24-hour gain: 6.9%

• Fantom FTM/USD

Price: $0.5195
24-hour gain: 6.8%

• Optimism OP/USD

Price: $2.36
24-hour gain: 6.5%

• Mask Network MASK/USD

Price: $5.68
24-hour gain: 6.5%

Losers

• Stacks STX/USD

Price: $0.8798
24-hour drop: 4.8%

• Conflux CFX/USD

Price: $0.3862
24-hour drop: 0.2%

• TrueUSD TUSD/USD

Price: $1.00
24-hour drop: 0.1%