Bitcoin, Ethereum Rise Following Economic Data; Casper Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum prices rose following the release of US economic data, with Casper emerging as the top gainer. The global crypto market cap increased to $1.12 trillion, recording a 24-hour gain of 1%.
May 26, 2023 | 2:08 pm
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NEGATIVE IMPACT
Lido DAO was the biggest loser, with its price dropping by 3.4%.
Lido DAO's price drop may be due to market fluctuations and investor sentiment, making it the biggest loser in the crypto market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Neo price dropped by 3%, making it one of the top losers.
Neo's price drop may be due to market fluctuations and investor sentiment, making it one of the top losers in the crypto market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Quant price dropped by 2.8%, making it one of the top losers.
Quant's price drop may be due to market fluctuations and investor sentiment, making it one of the top losers in the crypto market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Bitcoin price increased, trading above $26,500 following the release of US economic data.
The rise in Bitcoin price is likely due to the release of US economic data, which may have increased investor confidence in the cryptocurrency market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ethereum price also recorded gains, trading above the key $1,800 mark following the release of US economic data.
The rise in Ethereum price is likely due to the release of US economic data, which may have increased investor confidence in the cryptocurrency market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Polygon price increased by 4.2%, making it one of the top gainers.
Polygon's price increase is likely due to positive market sentiment and investor interest, making it one of the top gainers in the crypto market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
XRP price increased by 3.1%, making it one of the top gainers.
XRP's price increase is likely due to positive market sentiment and investor interest, making it one of the top gainers in the crypto market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100