Bitcoin Jumps Further To This Major Level, Here Are The Top Crypto Movers For Friday

Benzinga2022-07-29

Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, surged above the $24,000 mark on Friday morning as investors digested the Federal Reserve’s rate decision.

The global cryptocurrency market capitalization touched the $1.1 trillion level on Friday after the US central bank raised interest rates by 75 bps on Wednesday.

Ethereum (CRYPTO: ETH), the second-biggest cryptocurrency, meanwhile, continued its bull run, climbing back above the $1,700 level on Friday.

Optimism (CRYPTO: OP) token was the top gainer over the prior 24 hours, while UNUS SED LEO (CRYPTO: LEO) recorded the biggest decline.

At the time of writing, the global cryptocurrency market capitalization increased to $1.10 trillion, notching a 24-hour surge of about 4.4%. BTC was trading higher by around 4% to $24,027, while ETH climbed around 5.5% to $1,734 on Thursday.

Investors are now awaiting earnings results from The Procter & Gamble Company (NYSE:PG), Exxon Mobil Corporation (NYSE:XOM) and Charter Communications, Inc. (NASDAQ:CHTR), scheduled for release today.

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

Gainers

  • Optimism (CRYPTO: OP)

Price: $1.62

24-hour gain: 46%

  • Ravencoin (CRYPTO: RVN)

Price: $0.04125

24-hour gain: 43.4%

  • Bitcoin Gold (CRYPTO: BTG)

Price: $34.75

24-hour gain: 29.3%

  • Ethereum Classic (CRYPTO: ETC)

Price: $42.66

24-hour gain: 28.3%

  • The Graph (CRYPTO: GRT)

Price: $0.1323

24-hour gain: 20.4%

Losers

  • UNUS SED LEO (CRYPTO: LEO)

Price: $5.12

24-hour drop: 1.5%

  • Trust Wallet Token (CRYPTO: TWT)

Price: $0.9767

24-hour drop: 0.6%

  • Fei USD (CRYPTO: FEI)

Price: $0.9888

24-hour drop: 0.3%

  • Neutrino USD (CRYPTO: USDN)

Price: $0.9891

24-hour drop: 0.3%

  • Binance USD (CRYPTO: BUSD)

Price: $0.9989

24-hour drop: 0.2%

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Comments

  • Ah_Meng
    2022-07-30
    Ah_Meng
    It is still the traditional bellwether tech stocks that give cause for optimism... Cryptocurrency does not add value, the only they do best is add energy burden. They are perhaps the playthings of rich and speculators alike. Having said that, I do not dismissed their existence. Just feel that the world will go on even if they are all gone, unlike essentials like food on the table, resources that run our every day needs, etc. We may not that much iron ores, copper, silver, etc in life. But the quality of life will drop. Not so if we don't have cryptocurrency... That is what I mean.
  • PengsieX
    2022-07-29
    PengsieX
    Crypto is the only hope during recession 
  • Dindindino
    2022-07-29
    Dindindino
    Like pls
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