Ethereum Tops $1,700 Following Economic Data; Stacks Emerges As Top Gainer

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Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $27,000 level on Wednesday. Ethereum (CRYPTO: ETH), also recorded gains, trading above the key $1,700 mark this morning. The U.S. economy expanded at an annualized pace of 2.1% in the second quarter of 2023, versus the preliminary reading of 2.4% and compared to the first quarter’s growth of 2.0% Private businesses in the U.S. added 177,000 workers in August, missing market estimates of a 195,000 rise and compared to a revised 371,000 gain in July. Stacks (CRYPTO: STX) was the top gainer over the prior 24 hour…

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