Bitcoin Tumbles Below This Key Level Following Economic Data; Pepe, Huobi Token Among Top Losers

Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the key $27,000 level on Friday.

Ethereum ETH/USD also traded lower, falling below the key $1,800 mark this morning.

The University of Michigan consumer sentiment dropped to a six-month low level of 57.7 in May from 63.5 in the prior month.

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

At the time of writing, the global crypto market cap fell to $1.11 trillion, recording a 24-hour decline of 1.4%. BTC was trading lower by 2.7% at $26,460 while ETH fell by around 1.7% to $1,774 on Friday.

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

Gainers

• Kava KAVA/USD

Price: $0.9337
24-hour gain: 6.9%

• Lido DAO LDO/USD

Price: $1.81
24-hour gain: 4.6%

• Trust Wallet Token TWT/USD

Price: $1.10
24-hour gain: 3.2%

• Render Token RNDR/USD

Price: $1.73
24-hour gain: 2.9%

• Cardano ADA/USD

Price: $0.3646
24-hour gain: 2.5%

Losers

• Pepe PEPE/USD

Price: $0.000001293
24-hour drop: 19.8%

• Huobi Token HT/USD

Price: $2.75
24-hour drop: 5.6%

• Toncoin TON/USD

Price: $1.87
24-hour drop: 4.6%

• PancakeSwap CAKE/USD

Price: $1.80
24-hour drop: 4.6%

• Conflux CFX/USD

Price: $0.2479
24-hour drop: 4.3%

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