Bitcoin Falls Following PPI Data; Bonk, Frax Share Among Top Losers

Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the key $46,000 level on Friday.

Ethereum ETH/USD, however, moved higher, trading above the key $2,600 mark this morning.

Producer prices in the U.S. fell 0.1% month-over-month in December, the same as in the prior month, and compared to market estimates of a 0.1% rise

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

At the time of writing, the global crypto market cap fell to $1.77 trillion, recording a 24-hour decline of 2%. BTC was trading lower by 3.1% at $45,870 while ETH rose by around 0.8% to $2,676 on Friday.

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

Gainers

FTX Token FTT/USD
Price: $3.15
24-hour gain: 13.9%

Sui SUI/USD
Price: $1.14
24-hour gain: 8%

Optimism OP/USD
Price: $4.20
24-hour gain: 7.9%

Blur BLUR/USD
Price: $0.6268
24-hour gain: 8.1%

Bitcoin Cash BCH/USD
Price: $284.06
24-hour gain: 4.2%

Losers

Bonk BONK/USD
Price: $0.00001493
24-hour drop: 11.3%

Frax Share FXS/USD
Price: $9.34
24-hour drop: 9.4%

Sei SEI/USD
Price: $0.7255
24-hour drop: 9.4%

Render RNDR/USD
Price: $3.99
24-hour drop: 8%

Solana SOL/USD
Price: $98.15
24-hour drop: 7.2%

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