Bitcoin, Ethereum Gain Following Economic Data; Stacks Emerges As Top Gainer

Bitcoin BTC/USD traded higher, with the cryptocurrency prices rising above the $26,000 level on Wednesday.

Ethereum ETH/USD also recorded gains, trading above the key $1,800 mark this morning.

The trade deficit in the U.S. increased to a six-month high level of $74.6 billion in April, versus a $60.6 billion gap in the prior month. Exports from the U.S. fell by $9.2 billion from a month ago to $249 billion in April, while imports rose by $4.8 billion to $323.6 billion.

Stacks STX/USD was the top gainer over the prior 24 hours, while ApeCoin APE/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.12 trillion, recording a 24-hour gain of 3.1%. BTC was trading higher by 4.9% at $26,809 while ETH rose by around 3.3% to $1,867 on Wednesday.

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

Gainers

• Stacks STX/USD

Price: $0.6336
24-hour gain: 15.9%

• Pepe PEPE/USD

Price: $0.000001138
24-hour gain: 13.4%

• Terra Classic LUNC/USD

Price: $0.00009678
24-hour gain: 12.4%

• Lido DAO LDO/USD

Price: $2.39
24-hour gain: 7.1%

• Casper CSPR/USD

Price: $0.04452
24-hour gain: 6.2%

Losers

• ApeCoin APE/USD

Price: $2.97
24-hour drop: 5.1%

• Flare FLR/USD

Price: $0.02
24-hour drop: 3.3%

• Cardano ADA/USD

Price: $0.3383
24-hour drop: 3%

• Polygon MATIC/USD

Price: $0.7928
24-hour drop: 2.1%

• Algorand ALGO/USD

Price: $0.1325
24-hour drop: 2.1%

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