Dogecoin Records Sharp Losses, Litecoin Emerges As Top Gainer

Bitcoin BTC/USD and Ethereum ETH/USD, the two most valued cryptocurrencies in the world, traded lower on Wednesday as investors are awaiting the interest-rate decision from the US Federal Reserve.

Dogecoin DOGE/USD, meanwhile, recorded sharp losses on Wednesday following gains on Tuesday after Elon Musk disclosed that he is the Chief Executive Officer of post-merger company after Twitter deal. Dogecoin fell 7.7% to $0.1293 on Wednesday.

Litecoin LTC/USD was the top gainer over the prior 24 hours, while Chain XCN/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.01 trillion, recording a 24-hour decline of 1.5%. BTC was trading lower by 0.7% at $20,415, while ETH fell by around 2.3% to $1,556 on Wednesday.

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

Gainers

• Litecoin LTC/USD

Price: $59.42
24-hour gain: 7.3%

• Basic Attention Token BAT/USD

Price: $0.3161
24-hour gain: 5.4%

• Toncoin TON/USD

Price: $1.59
24-hour gain: 4.4%

• Theta Network THETA/USD

Price: $1.19
24-hour gain: 1.6%

• UNUS SED LEO LEO/USD

Price: $4.65
24-hour gain: 1.6%

Losers

• Chain XCN/USD

Price: $0.05655
24-hour drop: 11.2%

• Aptos APT/USD

Price: $7.29
24-hour drop: 10.1%

• The Sandbox SAND/USD

Price: $0.815
24-hour drop: 8.1%

• Klaytn KLAY/USD

Price: $0.2411
24-hour drop: 8%

• ApeCoin APE/USD

Price: $4.33
24-hour drop: 7.9%