Ethereum Tumbles Below $1,800 Following Jobless Claims Data; Sei Becomes Top Loser
Portfolio Pulse from Lisa Levin
Cryptocurrency prices fell on Thursday, with Bitcoin trading below $28,500 and Ethereum below $1,800. This follows the release of U.S. jobless claims data, which showed a decline of 11,000 to 239,000. The global crypto market cap also fell by 1.7% to $1.13 trillion. Rocket Pool was the top gainer over the past 24 hours, while Sei was the biggest loser.
August 17, 2023 | 1:42 pm
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NEGATIVE IMPACT
Bitcoin Cash price dropped by 5.7% over the past 24 hours.
Bitcoin Cash price has dropped over the past 24 hours, likely influenced by the overall decrease in the crypto market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Bitcoin price fell below $28,500 following the release of U.S. jobless claims data.
The release of U.S. jobless claims data, which showed a decline, has led to a decrease in Bitcoin price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Compound price dropped by 5.6% over the past 24 hours.
Compound price has dropped over the past 24 hours, likely influenced by the overall decrease in the crypto market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Ethereum price fell below the key $1,800 mark following the release of U.S. jobless claims data.
The release of U.S. jobless claims data, which showed a decline, has led to a decrease in Ethereum price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100