Bitcoin Rises Ahead of Fed Decision; Cardano Emerges As Top Gainer
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Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the key $28,000 level on Wednesday.
Ethereum (CRYPTO: ETH) moved lower, but remained above the $1,800 mark this morning.
The Federal Reserve is scheduled to conclude a two-day policy meeting today, with markets expecting a 25 basis-point rate hike.
Cardano (CRYPTO: ADA) was the top gainer over the prior 24 hours, while Mask Network (CRYPTO: MASK) turned out to be the biggest loser.
At the time of writing, the global crypto market cap rose to $1.18 trillion, recording a 24-hour gain of 0.1%. BTC was trading higher by 1.1% at $28,360 while ETH fell by around 0.2% to $1,806 on Wednesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
- Cardano (CRYPTO: ADA)
Price: $0.3739
24-hour gain: 6.1%
- Algorand (CRYPTO: ALGO)
Price: $0.2289
24-hour gain: 5.6%
- XRP (CRYPTO: XRP)
Price: $0.4451
24-hour gain: 5%
- Chainlink (CRYPTO: LINK)
Price: $7.69
24-hour gain: 4.9%
- Bitcoin SV (CRYPTO: BSV)
Price: $37.60
24-hour gain: 2.6%
Losers
- Mask Network (CRYPTO: MASK)
Price: $5.13
24-hour drop: 8%
- Conflux (CRYPTO: CFX)
Price: $0.4059
24-hour drop: 7.2%
- XDC Network (CRYPTO: XDC)
Price: $0.04033
24-hour drop: 6.9%
- GMX (CRYPTO: GMX)
Price: $79.09
24-hour drop: 6.3%
- Lido DAO (CRYPTO: LDO)
Price: $2.35
24-hour drop: 6.1%
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