Bitcoin Tops $23,000 While Ethereum Surges To This Level, Here Are The Top Crypto Movers For Thursday

Bitcoin BTC/USD, the world’s most valued cryptocurrency, managed to surpass the $23,000 mark on Thursday morning following the Fed’s rate decision.

The US Federal Reserve boosted interest rates by 0.75% on July 27 in a bid to contain the surging inflation level.

The global cryptocurrency market capitalization also surpassed the $1 trillion level on Thursday following the Fed’s announcement.

Ethereum ETH/USD, the second-biggest cryptocurrency, meanwhile, surged back above the $1,600 level on Thursday.

Lido DAO LDO/USD was the top gainer over the prior 24 hours, while Pax Dollar USDP/USD recorded the biggest decline.

At the time of writing, the global cryptocurrency market capitalization increased to $1.06 trillion, notching a 24-hour surge of about 8.5%. BTC was trading higher by around 1.8% to $23,195, while ETH climbed around 2.8% to $1,646.00 on Thursday.

Investors are now awaiting earnings results from Amazon.com, Inc. AMZN, Apple Inc. AAPL and Mastercard Incorporated MA, scheduled for release today.

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

Gainers

• Lido DAO LDO/USD

Price: $2.16
24-hour gain: 43.4%

• Bitcoin Gold BTG/USD

Price: $27.18
24-hour gain: 27.2%

• Synthetix SNX/USD

Price: $3.78
24-hour gain: 27.1%

• Qtum QTUM/USD

Price: $4.44
24-hour gain: 24.9%

• Uniswap UNI/USD

Price: $8.28
24-hour gain: 24.4%

Losers

• Pax Dollar USDP/USD

Price: $0.9998
24-hour drop: 0.2%

• USDD USDD/USD

Price: $1.00
24-hour drop: 0.1%

• Dai DAI/USD

Price: $1
24-hour drop: 0.1%

• TrueUSD TUSD/USD

Price: $0.9998
24-hour drop: 0.1%

• USD Coin USDC/USD

Price: $0.9999
24-hour drop: 0.1%