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Bitcoin Edges Higher Following Current Account Report; Stacks Emerges As Top Gainer

Published by
Benzinga

Bitcoin (CRYPTO: BTC) edged higher, but the cryptocurrency prices traded below the key $43,000 level on Wednesday. Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading above the key $2,200 mark this morning. Stacks (CRYPTO: STX) was the top gainer over the prior 24 hours, while Terra Classic (CRYPTO: LUNC) turned out to be the biggest loser. The US current account deficit narrowed by 7.6% to $200.3 billion in the third quarter, versus the revised figure of $216.8 billion in the prior quarter and compared to markets estimates of a $196 billion gap. At the time of writing, the global crypto m…

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