Bitcoin BTC/USD moved higher, with the cryptocurrency prices trading above the key $59,000 level on Friday.

Ethereum ETH/USD also edged higher, but remained below the key $3,000 mark this morning.

Arweave AR/USD was the top gainer over the prior 24 hours, while Sui SUI/USD turned out to be the biggest loser.

U.S. employers added 175,000 nonfarm payrolls in April, marking a reduction from the upwardly revised 315,000 reading in March and missing the expected 238,000, the Bureau of Labor Statistics said Friday.

At the time of writing, the global crypto market cap rose to $2.21 trillion, recording a 24-hour gain of 0.2%. BTC was trading higher by 1.8% at $59,749 while ETH rose by around 0.3% to…

Read more on Benzinga