Bitcoin, Ethereum Rise Following Economic Data; Casper Emerges As Top Gainer
Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the $26,500 level on Friday.
Ethereum ETH/USD also recorded gains, trading above the key $1,800 mark this morning.
The U.S. trade deficit in goods increased to $96.8 billion in April versus a revised $84.6 billion in the prior month. The personal consumption expenditure price index in the U.S. rose 0.4% month-over-month in April versus a 0.1% growth in March.
Casper CSPR/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 $1.12 trillion, recording a 24-hour gain of 1%. BTC was trading higher by 0.9% at $26,569 while ETH rose by around 1.3% to $1,825 on Friday.
24-hour drop: 2.8%
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