Ethereum Tops $1,700 Following Economic Data; Stacks Emerges As Top Gainer

Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the $27,000 level on Wednesday.

Ethereum ETH/USD, also recorded gains, trading above the key $1,700 mark this morning.

The U.S. economy expanded at an annualized pace of 2.1% in the second quarter of 2023, versus the preliminary reading of 2.4% and compared to the first quarter's growth of 2.0% Private businesses in the U.S. added 177,000 workers in August, missing market estimates of a 195,000 rise and compared to a revised 371,000 gain in July.

Stacks STX/USD was the top gainer over the prior 24 hours, while Astar ASTR/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.09 trillion, recording a 24-hour gain of 4.4%. BTC was trading higher by 5.4% at $27,422 while ETH rose by around 4.8% to $1,721 on Wednesday.

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

Gainers

Stacks STX/USD
Price: $0.5323
24-hour gain: 18.3%

Toncoin TON/USD
Price: $1.74
24-hour gain: 15.2%

Bitcoin Cash BCH/USD
Price: $216.59
24-hour gain: 12.2%

EOS EOS/USD
Price: $0.6298
24-hour gain: 8.2%

Pepe PEPE/USD
Price: $0.0000008849
24-hour gain: 7.1%

Losers

Astar ASTR/USD
Price: $0.05933
24-hour drop: 1.4%

Monero XMR/USD
Price: $143.06
24-hour drop: 1%

dYdX DYDX/USD
Price: $2.13
24-hour drop: 0.9%

Casper CSPR/USD
Price: $0.03639
24-hour drop: 0.6%

Bone ShibaSwap BONE/USD
Price: $1.27
24-hour drop: 0.2%

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