Bitcoin Falls Below $58,000 Following ADP Report; Arweave, Stacks Among Top Losers
Bitcoin BTC/USD moved lower, with the cryptocurrency prices falling below the key $58,000 level on Wednesday. Ethereum ETH/USD also recorded losses, trading below the key $2,900 mark this morning. Optimism OP/USD was the top gainer over the prior 24 hours, while Arweave AR/USD turned out to be the biggest loser. U.S. private employers added 192,000 new jobs during the month of April, compared to a revised 208,000 in March, topping market estimates of a 175,000 gain. At the time of writing, the global crypto market cap fell to $2.14 trillion, recording a 24-hour decline of 4.9%. BTC was trading lower by 6% at $57,623 while ETH fell by around 4.3% to $2,887 on Wednesday. Here are the top ten crypto gainers and losers over the past 24 hours: Gainers Optimism OP/USD Price: $2.53 24-hour gain: 7.2% Cosmos ATOM/USD Price: $8.38 24-hour gain: 7.1% Starknet STRK/USD Price: $1.21 24-hour gain: 5.7% Flare FLR/USD Price: $0.0295 24-hour gain: 4.8% Axelar AXL/USD Price: $1.09 24-hour gain: 4.2% Losers Arweave AR/USD Price: $27.22 24-hour drop: 19.3% Stacks STX/USD Price: $2.02 24-hour drop: 12.2% Pepe PEPE/USD Price: $0.000006141 24-hour drop: 11.4% Neo NEO/USD Price: $15.64 24-hour drop: 11.4% Sei SEI/USD Price: $0.5292 24-hour drop: 9.1% Read This Next: Amazon, Pfizer And 3 Stocks To Watch Heading Into Wednesday Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.