Crypto Market Cap Falls Below $1 Trillion; ImmutableX, Synthetix Among Top Losers

Bitcoin BTC/USD traded lower, with the cryptocurrency prices falling below the key $22,000 level on Thursday.

Ethereum ETH/USD also moved lower, but traded above the $1,500 mark this morning.

US initial jobless claims climbed by 21,000 from the prior week to 211,000 in the week ending March 4, higher than market estimates of 195,000.

Kava KAVA/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 $997.18 billion, recording a 24-hour decline of 0.9%. BTC was trading lower by 1.3% at $21,712, while ETH fell by around 0.8% to $1,539 on Thursday.

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

Gainers

• Kava KAVA/USD

Price: $0.8785
24-hour gain: 9.3%

• Filecoin FIL/USD

Price: $6.11
24-hour gain: 7.3%

• Optimism OP/USD

Price: $2.34
24-hour gain: 5.9%

• Aptos APT/USD

Price: $11.14
24-hour gain: 5.3%

• Klaytn KLAY/USD

Price: $0.2193
24-hour gain: 5.1%

Losers

• ImmutableX IMX/USD

Price: $0.9592
24-hour drop: 9.2%

• Synthetix SNX/USD

Price: $2.50
24-hour drop: 8.4%

• Convex Finance CVX/USD

Price: $5.35
24-hour drop: 8.1%

• Frax Share FXS/USD

Price: $8.53
24-hour drop: 7.7%

• Bone ShibaSwap BONE/USD

Price: $1.70
24-hour drop: 4.8%

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