Bitcoin BTC/USD, the world’s most valued cryptocurrency, showed some recovery signs, climbing above the $19,000 level this morning after the US Federal Reserve, on Wednesday, raised interest rates by 75 bps.
The second-most valued cryptocurrency, Ethereum ETH/USD, meanwhile, rose past the $1,300 mark following the Merge last week.
Other popular crypto coins, including Solana SOL/USD and Dogecoin DOGE/USD, traded higher this morning.
XRP XRP/USD was the top gainer over the prior 24 hours, while Lido DAO LDO/USD turned out to be the biggest loser.
At the time of writing, the global crypto market cap rose to $944.39 billion, recording a 24-hour gain of 2.9%. BTC was trading higher by around 2.1% to $19,255, while ETH rose by around 4.5% to $1,335 on Friday.
Investors are now awaiting earnings results from Huize Holding Limited HUIZ and InMed Pharmaceuticals Inc. INM, scheduled for release today.
Here are the top ten crypto gainers and losers over the past 24 hours:
24-hour gain: 25.1%
24-hour gain: 13.6%
24-hour gain: 12.8%
24-hour gain: 12%
24-hour gain: 11.8%
24-hour drop: 4.2%
24-hour drop: 3.8%
24-hour drop: 2.8%
24-hour drop: 2.2%
24-hour drop: 1.2%
Image and article originally from www.benzinga.com. Read the original article here.