Bitcoin Drops After Powell Comments; FLOKI Becomes Top Loser
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices trading slightly above the $22,000 level on Wednesday following comments from Federal Reserve Chair Jerome Powell.
Ethereum (CRYPTO: ETH) also moved lower, but traded above the $1,500 mark this morning.
Traders now await comments from Powell as he travels to Capitol Hill again on his second day of Congressional testimony.
Bone ShibaSwap (CRYPTO: BONE) was the top gainer over the prior 24 hours, while FLOKI (CRYPTO: FLOKI) turned out to be the biggest loser.
At the time of writing, the global crypto market cap fell to $1.01 trillion, recording a 24-hour decline of 1.2%. BTC was trading lower by 1.7% at $22,021, while ETH fell by around 0.9% to $1,552 on Wednesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
- Bone ShibaSwap (CRYPTO: BONE)
Price: $1.81
24-hour gain: 20.9%
- XRP (CRYPTO: XRP)
Price: $0.395
24-hour gain: 5.6%
- Conflux (CRYPTO: CFX)
Price: $0.2008
24-hour gain: 2.7%
- Shiba Inu (CRYPTO: SHIB)
Price: $0.00001122
24-hour gain: 2.1%
- BinaryX (old) (CRYPTO: BNX)
Price: $99.81
24-hour gain: 1.3%
Losers
- FLOKI (CRYPTO: FLOKI)
Price: $0.00004025
24-hour drop: 10.5%
- SingularityNET (CRYPTO: AGIX)
Price: $0.3871
24-hour drop: 10.3%
- Optimism (CRYPTO: OP)
Price: $2.23
24-hour drop: 8.6%
- Enjin Coin (CRYPTO: ENJ)
Price: $0.4041
24-hour drop: 7.7%
- Klaytn (CRYPTO: KLAY)
Price: $0.2107
24-hour drop: 7.5%
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