Ethereum Falls After Jobless Claims Data; ApeCoin Becomes Top Loser

Bitcoin BTC/USD edged higher, with the cryptocurrency prices trading above the $28,400 level on Thursday.

Ethereum ETH/USD, however, moved lower, trading below the key $1,600 mark this morning.

U.S. jobless claims declined by 13,000 from the previous week to 198,000 in the week ending October 14, compared to market expectations of 212,000.

Bitcoin SV BSV/USD was the top gainer over the prior 24 hours, while ApeCoin APE/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.08 trillion, recording a 24-hour decline of 0.5%. BTC was trading higher by 0.3% at $28,449 while ETH fell by around 1.8% to $1,554 on Thursday.

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