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%