Bitcoin Tops $27,000 After PCE Data; Pepe Emerges As Top Gainer

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

Ethereum ETH/USD also moved higher, but traded below the key $1,700 mark this morning.

Core PCE prices in the U.S. rose by 0.1% month-over-month in August, the least since Nov. 2020, while the annual rate, regarded as the Fed’s preferred inflation measure, eased to 3.9%.

Pepe PEPE/USD was the top gainer over the prior 24 hours, while Maker MKR/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.08 trillion, recording a 24-hour gain of 2%. BTC was trading higher by 2% at $27,003 while ETH rose by around 3.3% to $1,674 on Friday.

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

Gainers

Pepe PEPE/USD
Price: $0.0000007887
24-hour gain: 10.4%

Sui SUI/USD
Price: $0.4834
24-hour gain: 10.4%

Arbitrum ARB/USD
Price: $0.8958
24-hour gain: 7.3%

XRP XRP/USD
Price: $0.5365
24-hour gain: 7.2%

Gala GALA/USD
Price: $0.0142
24-hour gain: 6.4%

Losers

Maker MKR/USD
Price: $1,452.27
24-hour drop: 4.5%

Terra Classic LUNC/USD
Price: $0.00006255
24-hour drop: 3.4%

GateToken GT/USD
Price: $3.74
24-hour drop: 1.7%

XDC Network XDC/USD
Price: $0.04891
24-hour drop: 1.2%

Bitcoin SV BSV/USD
Price: $31.54
24-hour drop: 0.7%

Read This Next: Top 4 Consumer Stocks That May Fall Off A Cliff