- Top gainer DOGE appreciates 15.64%; currently at $0.073
- FTSE is up by 0.61%, hitting 7,056.
Today's market activity meant that cryptocurrency markets are down — Nasdaq lost 2.04% and ended the session at 10,971. After dropping 0.74%, S&P 500 closed at 3,830.6.
US markets are currently closed but will resume tomorrow in around 15 hours time. Upbeat European markets ended today higher as FTSE goes up to 7,056 (up 0.61%). Asia-Pacific markets closed higher today whilst KOSPI Composite Index rises by 0.65%, reaching 2,249.56.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Consumer Confidence was released yesterday at 14:00 UTC. Newly published figures emphasized continued decline from last month's figure of 107.8 to 102.5 this month.
Markets are trading lower today despite some positive data published earlier as United States Crude Oil Inventories improved upon its previous reading of -1.73 million with a new data release of 2.59 million.
While price action maintains a negative bias, United States New Home Sales (Sep) came out at 603,000, while a consensus of analysts was expecting 585,000.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as Friday data for United States Pending Home Sales will be released, with an expected decline to -5% from the preceding figure of -2%. Tomorrow at 12:30 UTC data for United States Core Durable Goods Orders will be released, with an expected decline to 0.2% from the preceding figure of 0.3%.
Moreover, United States GDP is projected to outperform its last figure with 2.4. It previously stood at -0.6; data will be released tomorrow at 12:30 UTC.
While markets are generally down so far today, some stocks outperformed such as DOGE gained 15.64% to reach $0.073. Ether (up 6.17%) and Bitcoin (up 3.19%) also performed well today.
DOGE cryptocurrency trades up $0.01, approximately 15.64% higher going into tomorrow
As the session continues, it seems to maintain one direction — tentatively higher from an earlier low of $0.063, Dogecoin is up to $0.073 today, adding $0.01, or 15.64%, to today's closing price of $0.063. Dogecoin has a market cap of 9.67 billion with an average daily volume of 36.64 million.
Ethereum cryptocurrency trades up $97, approximately 6.65% higher going into tomorrow
This session seems to remain in the same lane for now — Ether trades at $1,559 after gaining $97 (6.65%). Ethereum is currently trading with a market cap of 190.80 billion with an average daily volume of 1.23 billion.