Ethereum Falls Below $1,800 Following ADP Report; Gala Becomes Top Loser
Portfolio Pulse from Lisa Levin
Cryptocurrency prices traded lower on Wednesday, with Ethereum falling below the key $1,800 mark. Theta Network was the top gainer over the prior 24 hours, while Gala was the biggest loser. The global crypto market cap fell to $1.27 trillion, recording a 24-hour decline of 0.7%. Bitcoin was trading lower by 0.3% at $34,401 while Ethereum fell by around 0.7% to $1,797.
November 01, 2023 | 1:32 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bitcoin was trading lower by 0.3% at $34,401.
The news reports a decrease in Bitcoin's price, which is likely to have a negative short-term impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
BitTorrent(New) experienced a 24-hour drop of 7.2%.
The news reports a decrease in BitTorrent(New)'s price, which is likely to have a negative short-term impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum fell below the key $1,800 mark, trading lower by around 0.7% to $1,797.
The news reports a decrease in Ethereum's price, which is likely to have a negative short-term impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100