Ethereum Dips Below $1,200; FTX Token, Solana Among Biggest Losers – Bitcoin (BTC/USD), Binance USD (BUSD/USD)
Cryptocurrency prices continued to move lower this morning, with prices for Bitcoin BTC/USD, the most valued cryptocurrency in the world, tumbling below the $18,000 level on Wednesday.
Ethereum ETH/USD recorded double-digit losses, falling below the $1,200 mark on Wednesday.
PAX Gold PAXG/USD was the top gainer over the prior 24 hours, while FTX Token FTT/USD turned out to be the biggest loser.
At the time of writing, the global crypto market cap fell to $864.25 billion, recording a 24-hour decline of 10.7%. BTC was trading lower by 9.4% at $17,580, while ETH fell by around 18% to $1,196 on Wednesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
24-hour gain: 2.2%
24-hour gain: 1.1%
24-hour gain: 0.5%
24-hour gain: 0.2%
24-hour gain: 0.1%
24-hour drop: 72.5%
24-hour drop: 34.2%
24-hour drop: 27.8%
24-hour drop: 27.6%
24-hour drop: 23%