Bitcoin Falls Below $42,000 Following Inflation Data; Frax Share, eCash Among Top Losers
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the $42,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning. KuCoin Token (CRYPTO: KCS) was the top gainer over the prior 24 hours, while Frax Share (CRYPTO: FXS) turned out to be the biggest loser. At the time of writing, the global crypto market cap fell to $1.57 trillion, recording a 24-hour decline of 0.9%. BTC was trading lower by 1.5% at $41,657 while ETH fell by around 1.7% to $2,209 on Tuesday. Here are the top ten crypto gainers and losers over …