Bitcoin Jumps Above $30,000 Following Jobless Claims Data; Pepe, Conflux Among Top Gainers
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum prices rose above $30,000 and $1,900, respectively, following the release of US jobless claims data. Pepe and Conflux were among the top gainers in the crypto market, while Frax Share was the biggest loser.

June 22, 2023 | 1:32 pm
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NEGATIVE IMPACT
Frax Share was the biggest loser in the crypto market over the past 24 hours.
Frax Share's price decrease is likely due to market dynamics and investor sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Bitcoin price rose above $30,000 following the release of US jobless claims data.
The rise in Bitcoin price is likely due to the release of US jobless claims data, which may have influenced investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Conflux was among the top gainers in the crypto market over the past 24 hours.
Conflux's price increase is likely due to market dynamics and investor sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Ethereum price rose above $1,900 following the release of US jobless claims data.
The rise in Ethereum price is likely due to the release of US jobless claims data, which may have influenced investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Pepe was the top gainer in the crypto market over the past 24 hours.
Pepe's price increase is likely due to market dynamics and investor sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100