Bitcoin, Ethereum Fall Ahead Of Fed Decision; Bonk Becomes Top Loser

Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the $42,000 level on Wednesday.

Ethereum ETH/USD also recorded losses, trading below the key $2,200 mark this morning.

FTX Token FTT/USD was the top gainer over the prior 24 hours, while Bonk BONK/USD turned out to be the biggest loser.

U.S. producer prices came in steady for November from October, versus a revised 0.4% decline in the prior period, and versus market estimates of a 0.1% rise.

At the time of writing, the global crypto market cap fell to $1.55 trillion, recording a 24-hour decline of 1.8%. BTC was trading lower by 1.7% at $41,189 while ETH fell by around 1.8% to $2,177 on Wednesday.

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

Gainers

FTX Token FTT/USD
Price: $5.43
24-hour gain: 13.9%

aelf ELF/USD
Price: $0.7866
24-hour gain: 10.2%

Fetch.ai FET/USD
Price: $0.5926
24-hour gain: 6.4%

IOTA IOTA/USD
Price: $0.2788
24-hour gain: 4.9%

Neo NEO/USD
Price: $12.35
24-hour gain: 3.7%

Losers

Bonk BONK/USD
Price: $0.000009942
24-hour drop: 23.8%

Celestia TIA/USD
Price: $11.35
24-hour drop: 10.6%

Avalanche AVAX/USD
Price: $36.80
24-hour drop: 9.2%

Helium HNT/USD
Price: $4.73
24-hour drop: 8.3%

Synthetix SNX/USD
Price: $4.33
24-hour drop: 6.8%

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