- Top laggard Binance Coin giving up $8.54, or 2.58%, so far this session ADA (down 2.58%) has also underperformed today.
- European session in progress; markets are rising as FTSE improves by 0.5%, reaching 7,870.57.
With the trading session well underway, the leading indices are climbing up — Dow Jones up to 34,040, gaining 0.63%. S&P 500 up to 4,158.24, gaining 0.55%.
European markets are trending positively as FTSE improves to 7,870.57 (up 0.5%). Asia-Pacific markets are up as Nikkei is up by 1.4%, hitting 28,856.
3Rd quarter earnings season is mostly over, with FirstEnergy Corp and Gaming and Leisure Properties, Inc. releasing their earnings reports just this week.
On a negative note, the market received some disappointing news as highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of -5.2%. Highly important GDP data from United States beat analyst expectations of two with a reading of 1.1.
Today's rise takes place amid mixed market indicators — United States Core PCE Price Index (MoM) (Mar) released today at 12:30 UTC with a figure of 0.3, while the previous figure was 0.3.
While indices are generally bullish today, some individual assets stood out as FTX Token trades at $1.36 having gained 9.54%.
Risk-on sentiment couldn't save Binance Coin from giving up $8.54, or 2.58%, so far this session – currently trading at $322.17. ADA (down 2.58%) has also underperformed today.
FTX Token | +9.54% in mid-session
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.
Binance Coin | Currently down 2.58% at $322.17
BNB has been losing ground for 3 days, shedding a total of 4.79% of its value. Similar trend today: BNB is grinding lower from $330.72 to $322.17, shedding $8.54 (2.58%) today.