Bitcoin and Ethereum Prices Dip Below Key Levels on April 18, 2024
Bitcoin and Ethereum prices fall below key levels as global crypto market cap declines
On April 18, 2024, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) experienced losses, with Bitcoin falling below the crucial $63,000 mark and Ethereum remaining above $3,000. The global crypto market cap also saw a 0.7% decline to $2.26 trillion.
Injective (CRYPTO: INJ) emerged as the top gainer over the past 24 hours, while Nervos Network (CRYPTO: CKB) suffered the biggest loss. U.S. initial jobless claims remained unchanged at 212,000, slightly below market expectations of 215,000.
Bitcoin was trading lower by 0.6% at $62,482, while Ethereum fell by around 0.7% to $3,037 on Thursday. The top gainers in the crypto market included Injective, dYdX (Native), Axelar, Stacks, and NEAR Protocol. On the other hand, Nervos Network, THORChain, Core, Celestia, and Monero were among the top losers.
As the crypto market continues to fluctuate, investors are closely monitoring the price movements and looking for potential opportunities to capitalize on the volatility. Stay tuned for more updates on the crypto market and the latest trends in the industry.
