Bitcoin Trades Above $70,000 Following GDP, Jobless Claims Data; GateToken Emerges As Top Gainer

Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the key $70,000 level on Thursday.

Ethereum ETH/USD, however, recorded losses, falling below the key $3,600 mark this morning.

GateToken GT/USD was the top gainer over the prior 24 hours, while Internet Computer ICP/USD turned out to be the biggest loser.

The U.S. economy grew an annualized 3.4% in the fourth quarter, up from 3.2% previously reported. U.S. initial jobless claims fell by 2,000 to 210,000 in the week ending March 23, compared to market estimates of 215,000.

At the time of writing, the global crypto market cap rose to $2.66 trillion, recording a 24-hour gain of 0.4%. BTC was trading higher by 0.4% at $70,524 while ETH fell by around 0.4% to $3,573 on Thursday.

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

Gainers

 

GateToken GT/USD
Price: $10.36
24-hour gain: 19.3%

Dogecoin DOGE/USD
Price: $0.2152
24-hour gain: 16.7%

Bitcoin Cash BCH/USD
Price: $571.98
24-hour gain: 15.5%

Bitcoin SV BSV/USD
Price: $93.86
24-hour gain: 6.6%

Maker MKR/USD
Price: $3,388.88
24-hour gain: 5.8%

Losers

 

Internet Computer ICP/USD
Price: $17.66
24-hour drop: 9.7%

Mantle MNT/USD
Price: $1.19
24-hour drop: 7%

Beam BEAM/USD
Price: $0.03667
24-hour drop: 5.6%

Lido DAO LDO/USD
Price: $2.95
24-hour drop: 5.5%

Algorand ALGO/USD
Price: $0.2703
24-hour drop: 5.5%

Read This Next: RH, Walgreens And 3 Stocks To Watch Heading Into Thursday

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsIntraday UpdateMarketsMoversTrading IdeasBitcoinCrypto MoversEthereumTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...