Thursday's Cryptocurrency Market Movers: Top Gainers and Losers

As investors look at the top gainers and losers, there are several tokens to choose from, unique entry points, and quality buys. Cosmos rose nearly 8% to nearly $40 on a big increase in volume. The FTX Token rose nearly 7%, approaching $50 in just the past 24 hours, also on increasing volume. Yearn.finance shot up past $34,000, and Osmosis surpassed $10 on a more than 5% increase and rising volume. To close out the gainers, Nexo was trading nearly 5% higher to $6.37 even though its trading volume decreased. This gain is likely tied to Nexo’s announcement that Bakkt Holdings ($BKKT@US) will serve as its custodial partner. Losers in the crypto market on Thursday started with Flow, which declined over 2% and sank to just over $7 as its trading volume fell. Monero fell 2% to just over $205 on lower volume, Amp lost over 1% to reach 44 cents and Ethereum Classic dropped over 1% to hit $31.47. Finally, Maker lost a percent to settle at a little more than $2024 on yet another decrease in trading volume.