Ethereum Moves Higher Following Economic Reports; Bitcoin Cash Emerges As Top Gainer

Bitcoin (CRYPTO: BTC) traded mostly flat, with the cryptocurrency prices traded above the $26,500 level on Thursday.

Ethereum (CRYPTO: ETH), meanwhile, moved higher, trading above the key $1,600 mark this morning.

U.S. initial jobless claims rose by 2,000 to 204,000 in the week ending Sept. 23, versus market expectations of 215,000. The U.S. economy expanded at an annualized rate of 2.1% during the second quarter, unchanged versus the prior estimate, and versus revised 2.2% expansion in the first quarter.

Bitcoin Cash (CRYPTO: BCH) was the top gainer over the prior 24 hours, while Injective (CRYPTO: INJ) turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.06 trillion, recording a 24-hour decline of 0.1%. BTC was trading lower by 0.2% at $26,562 while ETH rose by around 0.8% to $1,629 on Thursday.

Here are the top ten crypto gainers and losers over the past 24 hours:

Gainers

Bitcoin Cash (CRYPTO: BCH)
Price: $235.56
24-hour gain: 9.3%

Compound (CRYPTO: COMP)
Price: $43.31
24-hour gain: 8.9%

Maker (CRYPTO: MKR)
Price: $1,516.99
24-hour gain: 6%

XDC Network (CRYPTO: XDC)
Price: $0.04963
24-hour gain: 5.3%

Chainlink (CRYPTO: LINK)
Price: $7.79
24-hour gain: 4.5%

Losers

Injective (CRYPTO: INJ)
Price: $7.09
24-hour drop: 2%

Kava (CRYPTO: KAVA)
Price: $0.6166
24-hour drop: 1.7%

Casper (CRYPTO: CSPR)
Price: $0.03105
24-hour drop: 1%

The Graph (CRYPTO: GRT)
Price: $0.08586
24-hour drop: 1%

Dash (CRYPTO: DASH)
Price: $26.49
24-hour drop: 1%

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