Bitcoin Moves Lower Following PPI Data; XDC Network Becomes Top Loser
Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the $27,200 level on Wednesday. Ethereum ETH/USD, also edged lower, trading below the key $1,600 mark this morning. Producer prices in the U.S. increased 0.5% month-over-month in September, versus a 0.7% rise in the prior month, but above market expectations of 0.3%. Render RNDR/USD was the top gainer over the prior 24 hours, while XDC Network XDC/USD turned out to be the biggest loser. At the time of writing, the global crypto market cap fell to $1.06 trillion, recording a 24-hour decline of 0.6%. BTC was trading lower by 0.9% at $27,171 while ETH fell by around 0.2% to $1,572 on Wednesday. Here are the top ten crypto gainers and losers over the past 24 hours: Gainers Render RNDR/USD Price: $1.82 24-hour gain: 4.5% eCash XEC/USD Price: $0.00002424 24-hour gain: 3% Maker MKR/USD Price: $1,405.25 24-hour gain: 2.9% Frax Share FXS/USD Price: $5.37 24-hour gain: 2.5% Lido DAO LDO/USD Price: $1.56 24-hour gain: 2.3% Losers XDC Network XDC/USD Price: $0.04752 24-hour drop: 4.4% IOTA IOTA/USD Price: $0.1407 24-hour drop: 4.1% Cosmos ATOM/USD Price: $6.65 24-hour drop: 3.7% Mantle MNT/USD Price: $0.3571 24-hour drop: 3.2% dYdX DYDX/USD Price: $1.89 24-hour drop: 2.9% Read This Next: Sportsman's Warehouse And 3 Other Stocks Under $5 Insiders Are Buying Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.