Bitcoin Tops This Key Level Following Economic Data; Render Token Emerges As Top Gainer

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $27,000 level on Thursday.

Ethereum (CRYPTO: ETH) also traded higher, topping the key $1,800 mark this morning.

U.S. jobless claims dropped to 242 thousand in the week ending May 13, versus an 18-month high level of 264 thousand and compared to market estimates of 254 thousand. The Philadelphia Fed Manufacturing Index rose to -10.4 in May versus a reading of -31.3 in April.

Render Token (CRYPTO: RNDR) was the top gainer over the prior 24 hours, while Axie Infinity (CRYPTO: AXS) turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.13 trillion, recording a 24-hour gain of 1.4%. BTC was trading higher by 2% at $27,254 while ETH rose by around 1.1% to $1,818 on Thursday.

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

Gainers

• Render Token (CRYPTO: RNDR)

Price: $2.36
24-hour gain: 20.8%

• Synthetix (CRYPTO: SNX)

Price: $2.39
24-hour gain: 9.1%

• Mask Network (CRYPTO: MASK)

Price: $4.44
24-hour gain: 8.4%

• Kava (CRYPTO: KAVA)

Price: $0.968
24-hour gain: 6.5%

• Injective (CRYPTO: INJ)

Price: $6.52
24-hour gain: 6.5%

Losers

• Axie Infinity (CRYPTO: AXS)

Price: $7.16
24-hour drop: 2.5%

• Toncoin (CRYPTO: TON)

Price: $1.94
24-hour drop: 2.4%

• Dash (CRYPTO: DASH)

Price: $43.92
24-hour drop: 1.4%

• Casper (CRYPTO: CSPR)

Price: $0.04709
24-hour drop: 1.3%

• Enjin Coin (CRYPTO: ENJ)

Price: $0.3484
24-hour drop: 0.7%

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