Bitcoin, Ethereum Fall Following Jobless Claims Data; Kava, Lido DAO Among Top Losers

Bitcoin BTC/USD traded lower, but the cryptocurrency prices remained above the $26,000 level on Thursday.

Ethereum ETH/USD also recorded losses, but traded above the key $1,800 mark this morning.

U.S. initial jobless claims rose to 261,000 in the week ended June 3, the highest level since Oct. 2021, and above market estimates of 235,000.

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

At the time of writing, the global crypto market cap fell to $1.1 trillion, recording a 24-hour decline of 1.5%. BTC was trading lower by 1.2% at $26,497 while ETH fell by around 1% to $1,848 on Thursday.

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

Gainers

• Terra Classic LUNC/USD

Price: $0.00009955
24-hour gain: 2.9%

• XDC Network XDC/USD

Price: $0.03462
24-hour gain: 2.8%

• Stacks STX/USD

Price: $0.6431
24-hour gain: 1.1%

• WOO Network WOO/USD

Price: $0.2219
24-hour gain: 0.8%

• EOS EOS/USD

Price: $0.8853
24-hour gain: 0.8%

Losers

• Kava KAVA/USD

Price: $0.9936
24-hour drop: 10.3%

• Lido DAO LDO/USD

Price: $2.18
24-hour drop: 8.3%

• Klaytn KLAY/USD

Price: $0.1644
24-hour drop: 7.2%

• Sui SUI/USD

Price: $0.741
24-hour drop: 5.9%

• Algorand ALGO/USD

Price: $0.1245
24-hour drop: 5.9%

Read This Next: Insiders Buying Dollar General And 2 Other Stocks