Bitcoin Rises Above $26,000 Following Inflation Data; Terra Classic Emerges As Top Gainer

Bitcoin BTC/USD traded higher, with the cryptocurrency prices trading above the $26,000 level on Tuesday.

Ethereum ETH/USD also edged higher, but traded below the key $1,800 mark this morning.

The consumer price inflation in the U.S. eased to 4.0% in May, recording the lowest level since March 2021 and compared to market estimates of 4.1%. On a monthly basis, consumer prices rose 0.1% in May after increasing 0.4% in the previous month.

Terra Classic LUNC/USD was the top gainer over the prior 24 hours, while Casper CSPR/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.06 trillion, recording a 24-hour gain of 0.6%. BTC was trading higher by 0.7% at $26,144 while ETH fell by around 0.1% to $1,749 on Tuesday.

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

Gainers

• Terra Classic LUNC/USD

Price: $0.00009744
24-hour gain: 11%

• Sui SUI/USD

Price: $0.7073
24-hour gain: 8.2%

• GMX GMX/USD

Price: $45.83
24-hour gain: 7.3%

• Fantom FTM/USD

Price: $0.2613
24-hour gain: 6.8%

• Filecoin FIL/USD

Price: $3.64
24-hour gain: 6.1%

Losers

• Casper CSPR/USD

Price: $0.03969
24-hour drop: 5.3%

• WOO Network WOO/USD

Price: $0.1699
24-hour drop: 3.2%

• ApeCoin APE/USD

Price: $2.27
24-hour drop: 2.9%

• Cronos CRO/USD

Price: $0.05349
24-hour drop: 2.4%

• Flare FLR/USD

Price: $0.01631
24-hour drop: 2.3%

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