Ethereum Tops $2,600 Following Inflation Data; Beam Emerges As Top Gainer

Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the key $49,000 level on Tuesday.

Ethereum ETH/USD also recorded gains, trading above the key $2,600 mark this morning.

Beam BEAM/USD was the top gainer over the prior 24 hours, while Chainlink LINK/USD turned out to be the biggest loser.

The annual inflation rate in the U.S. eased to 3.1% in January from 3.4% in December, but came higher than market estimates of 2.9%.

At the time of writing, the global crypto market cap rose to $1.87 trillion, recording a 24-hour gain of 4.7%. BTC was trading higher by 3.9% at $49,852 while ETH rose by around 7.5% to $2,673 on Tuesday.

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

Gainers

Beam BEAM/USD
Price: $0.02926
24-hour gain: 16.2%

ORDI ORDI/USD
Price: $70.05
24-hour gain: 14.4%

Akash Network AKT/USD
Price: $3.50
24-hour gain: 14.1%

Sei SEI/USD
Price: $0.7485
24-hour gain: 11.8%

Render RNDR/USD
Price: $5.03
24-hour gain: 11.2%

Gnosis GNO/USD
Price: $281.61
24-hour gain: 11.2%

Blur BLUR/USD
Price: $0.6695
24-hour gain: 10.6%

Losers

Chainlink LINK/USD
Price: $ $20.12
24-hour drop: 1.1%

Bitcoin Cash BCH/USD
Price: 276.74
24-hour drop: 0.6%

WEMIX WEMIX/USD
Price: $2.21
24-hour drop: 0.2%

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