Bitcoin and Ethereum drop on jobless claims data; Kava and Lido DAO among the top losers

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June 8, 2023 09:43 am | 1 minute read

Bitcoin (CRYPTO:BTC) traded lower, but cryptocurrency prices remained above the $26,000 level on Thursday.

Ethereum (CRYPTO:ETH) also posted losses, but traded above the $1,800 mark this morning.

Initial jobless claims in the United States rose to 261,000 in the week ended June 3, the highest level since October 2021, and above market estimates of 235,000.

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Terra Classic (CRYPTO: LUNC) was the biggest gainer in the previous 24 hours, while Kava (CRYPTO: KAVA) turned out to be the biggest loser.

At the time of writing, the global crypto market cap has fallen to $1.1 trillion, registering a 24-hour decline of 1.5%. BTC traded down 1.2% to $26,497 while ETH fell around 1% to $1,848 on Thursday.

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

GainersTerra Classic (CRYPTO: LUNC)

Price: $0.00009955 24 hour payout: 2.9%

XDC Network (CRYPTO: XDC)

Price: $0.03462 24 hour payout: 2.8%

Price: $0.643 Gain over 24 hours: 1.1%

WOO Network (CRYPTO: WOO)

Price: $0.2219 24 hour payout: 0.8%

Price: $0.885 Gain over 24 hours: 0.8%

losers

Price: $0.9936 24 hour drop: 10.3%

Price: $2.18 24 hour drop: 8.3%

Price: $0.164 24 hour decline: 7.2%

Price: $0.74 24 hour drop: 5.9%

Price: $0.1245 24 hour decline: 5.9%

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