Bitcoin Falls Below This Key Level Following Jobs Data; KuCoin Token Becomes Top Loser

Bitcoin BTC/USD moved lower, with the cryptocurrency prices falling below the $26,000 level on Friday.

Ethereum ETH/USD, also recorded losses, trading below the key $1,700 mark this morning.

The U.S. economy added 187,000 jobs in August versus the downwardly revised 157,000 increase in July and compared to market expectations of 170,000. The unemployment rate increased to 3.8% in August from 3.5% in July.

Toncoin TON/USD was the top gainer over the prior 24 hours, while KuCoin Token KCS/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.05 trillion, recording a 24-hour decline of 3.6%. BTC was trading lower by 4.6% at $25,986 while ETH fell by around 3.8% to $1,641 on Friday.

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

Gainers

Toncoin TON/USD
Price: $1.74
24-hour gain: 2.9%

THORChain RUNE/USD
Price: $1.58
24-hour gain: 1.7%

IOTA MIOTA/USD
Price: $0.1608
24-hour gain: 1.7%

Maker MKR/USD
Price: $1,159.25
24-hour gain: 1.5%

TRON TRX/USD
Price: $0.077
24-hour gain: 1%

Losers

KuCoin Token KCS/USD
Price: $3.88
24-hour drop: 9.3%

Stacks STX/USD
Price: $0.4843
24-hour drop: 8.1%

Optimism OP/USD
Price: $1.37
24-hour drop: 6.8%

Filecoin FIL/USD
Price: $3.20
24-hour drop: 6.3%

Render RNDR/USD
Price: $1.34
24-hour drop: 6.2%

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