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Trading Signals

A mostly flat trading day has just ended

11 April 2023

BTCUSDFTTUSDLTCUSD

Today's star of the day Bitcoin appreciates 4.83% while outperforming its peers
Upbeat European markets ended today higher as FTSE is up by 1.03%, hitting 7,741.56.

Ahead of tomorrow's session: markets did not have a clear cut direction — Dow Jones gained 0.3% and closed at 33,600. S&P 500 closed at 4,109 after a flat day.

US markets are now currently closed and set to reopen tomorrow; meanwhile, European markets closed higher today whilst FTSE added 1.03% to trade at 7,741.56. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index goes up to 2,512 (up 0.87%).

Data to be released tomorrow might clear up some of the market fog as United States Crude Oil Inventories is projected to outperform its last figure with -2.33 million, having previously been at -3.74 million. The figure will be published Wednesday. United States Consumer Price Index figure is projected at 0.3%. It previously stood at 0.4%; data will be released Wednesday. United States Core Consumer Prices figure is projected at 0.4%. It previously stood at 0.5%; data will be released Wednesday.

While markets were generally sideways today, these assets pulled ahead as Bitcoin up 4.83% trading at $29,700. FTX is doing well and gains 2.58%.

FTX | +9.54%; session high: $1.44 session low: $1.18

After closing the previous trading day at $1.24, FTX Token is up to $1.36, which makes for a move of 9.54%/$0.119 today.

Bitcoin | +4.83%; session high: $29,700 session low: $28,200

The sentiment that generated $1,181 in cumulative gains over the past 16 days was further evident for Bitcoin. Heading in the same direction for now — Bitcoin rallies $1,376 (4.83%) deep into the session, trading at $29,700.

Market Summary

Latest Crypto News

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Mixed sentiment leads Avalanche cryptocurrency to trade sideways; establishes tight $16.93 to $17.16 range

Polkadot cryptocurrency trades up $0.036, approximately 0.64% higher this afternoon

Solana set for weak finish today; down 2.45% to $21.74 with a hour before close

Mixed sentiment leads TRON cryptocurrency to trade sideways; establishes tight $0.069 to $0.07 range

Ether cryptocurrency trades up $15.34, approximately 0.8% higher going into tomorrow

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