Ethereum Edges Higher; Bitcoin SV, ApeCoin Among Top Gainers
Portfolio Pulse from Lisa Levin
Cryptocurrency prices moved higher on Tuesday, with Bitcoin (BTC) trading above $28,400 and Ethereum (ETH) below the $1,600 mark. Bitcoin SV (BSV) was the top gainer over the past 24 hours, while Loom Network (LOOM) was the biggest loser. The global crypto market cap rose to $1.09 trillion, recording a 24-hour gain of 1.4%.
October 17, 2023 | 1:48 pm
News sentiment analysis
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POSITIVE IMPACT
Bitcoin SV (BSV) was the top gainer over the past 24 hours.
Bitcoin SV being the top gainer over the past 24 hours indicates a positive price movement, which is likely to have a positive impact on its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin (BTC) traded higher, above the $28,400 level.
The news reports a positive price movement for Bitcoin, which is likely to have a positive impact on its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Ethereum (ETH) edged higher, but traded below the key $1,600 mark.
While Ethereum is reported to have edged higher, it is still trading below the key $1,600 mark, which may indicate a neutral impact on its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Loom Network (LOOM) was the biggest loser over the past 24 hours.
Loom Network being the biggest loser over the past 24 hours indicates a negative price movement, which is likely to have a negative impact on its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100