- Dogecoin slips 2.51% as session draws to a close Litecoin (down 1.97%) has also underperformed today.
- European markets are down as FTSE is down by 0.61%, reaching 7,521.39
As the session draws to an end cryptocurrency markets are down — S&P 500 slipping 1.63% and closing at 3,933.53. Nasdaq drawing back 2.19% to 11,000.
European markets are down as FTSE goes down to 7,521.39 (down 0.61%). Asia-Pacific markets are in session with varied performances.
Amid the market gloom, United States ISM Non-Manufacturing PMI (Nov) released yesterday at 15:00 UTC with a figure of 56.5, while the previous figure was 54.4. United States Trade Balance (Oct) came out at -78.2 billion, while a consensus of analysts was expecting -80 billion. United States Exports data released today at 13:30 UTC showed continuing decline to 256.6 billion from a previous figure of 258.5 billion.
Looking ahead, ongoing depreciation may be prolonged as United States Initial Jobless Claims expected to decline to 230,000 while its preceding data was 225,000, data will be available Thursday.
In addition, United States Crude Oil Inventories is projected to outperform its last figure with -3.88 million. It previously stood at -12.58 million; data will be released tomorrow at 15:30 UTC.
While markets are generally down so far today, some stocks outperformed such as FTX gained 3.33% to reach $1.44.
Dogecoin is trading at $0.1, slips 2.51%. Litecoin (down 1.97%) has also underperformed today.
FTX has been up for five days in a row, gaining $0.046 to reach $1.44.
Heading in the same direction for now — FTX Token spiked to $1.45 before dropping back to its pre-spike levels and is now heading towards the close around $1.44. FTX Token has a market cap of 472.83 million with an average daily volume of 3.69 million.