Bitcoin Falls Below This Key Level; ImmutableX Among Top Losers

Bitcoin BTC/USD, the most valued cryptocurrency in the world, traded lower this morning, falling below the key $17,000 level on Wednesday.

Ethereum ETH/USD also recorded losses, but traded above the $1,200 level.

GMX GMX/USD was the top gainer over the prior 24 hours, while ImmutableX IMX/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $843.64 billion, recording a 24-hour decline of 1.1%. BTC was trading lower by 0.7% at $16,850.50, while ETH fell by around 1.6% to $1,235 on Wednesday.

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

Gainers

• GMX GMX/USD

Price: $54.55
24-hour gain: 6.1%

• EOS EOS/USD

Price: $0.9784
24-hour gain: 4.7%

• Synthetix SNX/USD

Price: $1.98
24-hour gain: 3.8%

• MultiversX (Elrond) EGLD/USD

Price: $45.23
24-hour gain: 2.8%

• Trust Wallet Token TWT/USD

Price: $2.37
24-hour gain: 2.4%

Losers

• ImmutableX IMX/USD

Price: $0.4544
24-hour drop: 6.5%

• Kava KAVA/USD

Price: $0.8285
24-hour drop: 6.4%

• Aptos APT/USD

Price: $4.83
24-hour drop: 6.1%

• 1inch Network 1INCH/USD

Price: $0.4496
24-hour drop: 6%

• Fantom FTM/USD

Price: $0.2351
24-hour drop: 5.1%