Ethereum Falls Below $4,000 Following PPI Data; Bittensor, ApeCoin Among Top Losers

Bitcoin BTC/USD moved lower, with the cryptocurrency prices falling below the key $73,000 level on Thursday.

Ethereum ETH/USD also recorded losses, trading below the key $4,000 mark this morning.

dogwifhat WIF/USD was the top gainer over the prior 24 hours, while Bittensor TAO/USD turned out to be the biggest loser.

The Producer Price Index for final demand in the U.S. increased by 0.6% month-over-month in February, higher than market expectations of a 0.3% rise.

At the time of writing, the global crypto market cap rose to $2.76 trillion, recording a 24-hour gain of 2.1%. BTC was trading lower by 0.5% at $72,710 while ETH fell by around 2.3% to $3,931 on Thursday.

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

Gainers

dogwifhat WIF/USD
Price: $3.28
24-hour gain: 43.1%

Bonk BONK/USD
Price: $0.00003557
24-hour gain: 21.2%

Pepe PEPE/USD
Price: $0.000009999
24-hour gain: 14.7%

Solana SOL/USD
Price: $171.71
24-hour gain: 12.4%

Dogecoin DOGE/USD
Price: $0.1857
24-hour gain: 9.1%

Losers

Bittensor TAO/USD
Price: $633.77
24-hour drop: 7.9%

ApeCoin APE/USD
Price: $2.32
24-hour drop: 7.8%

Gala GALA/USD
Price: $0.0693
24-hour drop: 7.8%

Arweave AR/USD
Price: $37.24
24-hour drop: 7.1%

Arbitrum ARB/USD
Price: $2.02
24-hour drop: 6.9%

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