Bitcoin Edges Higher; Loom Network Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) edged higher but remained below the $27,000 level, while Ethereum (ETH) traded below the $1,600 mark. Loom Network (LOOM) was the top gainer over the prior 24 hours, while Mantle (MNT) was the biggest loser. The global crypto market cap fell to $1.05 trillion, recording a 24-hour decline of 0.1%.
October 13, 2023 | 1:33 pm
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NEGATIVE IMPACT
Ethereum traded below the key $1,600 mark.
Ethereum's price is trading below the key $1,600 mark, indicating a bearish trend in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Bitcoin edged higher but remained below the $27,000 level.
Bitcoin's price movement is a key indicator of the overall health of the crypto market. Despite edging higher, it remains below the $27,000 level, indicating a lack of strong upward momentum.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Lido DAO (LDO) had a 24-hour gain of 2.8%.
Lido DAO's price increased by 2.8% in the last 24 hours, indicating a positive trend.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
THORChain (RUNE) had a 24-hour gain of 11.3%.
THORChain's price increased by 11.3% in the last 24 hours, indicating a positive trend.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Trust Wallet Token (TWT) had a 24-hour gain of 4.3%.
Trust Wallet Token's price increased by 4.3% in the last 24 hours, indicating a positive trend.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50