Bitcoin Records Losses But Remains Above This Key Level; Trust Wallet Token, Algorand Among Top Losers – Bitcoin (BTC/USD), Algorand (ALGO/USD)

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Bitcoin BTC/USD, the world’s most valuable cryptocurrency, posted losses but traded above the key $17,000 level on Friday. The Federal Reserve on Wednesday raised its target federal funds rate by 0.5% to a new range of between 4.25% and 4.5%, in light of Wall Street expectations.

Ethereum ETH/USD, also traded lower, falling below the $1,300 mark.

OKB OKB/USD was the biggest gainer in the previous 24 hours, while Trust Wallet Token TWT/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap has fallen to $825.30 billion, registering a 3.5% 24-hour decline. BTC was trading down 3.1% to $17,012, while ETH fell around 5.2% to $1,211 on Friday.

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

Winners

Price: $24.31 Earning over 24 hours: 6.9%

Price: $2.39 Earning over 24 hours: 0.4%

Price: $1,785.87 24-Hour Gain: 0.3%

Price: $3.70 Earning over 24 hours: 0.2%

Price: $1.01 Earning over 24 hours: 0.2%

LosersTrust TWT/USD Wallet Token

Price: $1.88 24 hour drop: 12.1%

Price: $0.2026 24 hour decline: 9.9%

Price: $1.68 24 hour decline: 8.3%

Price: $0.216 24 hour decline: 8.3%

Price: $44.50 24-hour decline: 8.1%

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