- Dogecoin was the biggest decliner yesterday after giving up 2.08% FTX Token (down 2.72%), XRP (down 2.37%) also underperformed yesterday.
- European markets are currently mixed so far this session.
Yesterday's market activity meant that markets did not have a clear cut direction — Dow Jones shed 0.56% and closed at 34,400. Nasdaq closed at 11,482 after a flat day.
US markets are now currently closed and set to reopen today; meanwhile, European markets are in session with varied performances. Asia-Pacific markets were down today as KOSPI Composite Index is down by 1.84%, drops to 2,434.33
The iShares U.S. Treasury Bond ETF has gone up 0.95% to trade at $23.14, thereby indicating that government bond yields were downbeat across the yield curve.
Ambiguous macro data is influencing the market as United States ISM Manufacturing PMI (Nov) released yesterday at 15:00 UTC with a figure of 49, while the previous figure was 50.2. United States Core PCE Price Index (MoM) (Oct) came out at 0.2, while a consensus of analysts was expecting 0.3. United States Initial Jobless Claims beat analyst expectations of 235,000 and the previous reading of 241,000 with new data of 225,000.
Data to be released today might clear up some of the market fog as United States Non Farm Payrolls projected to decline to 200,000 while previous data was 261,000; data will be released today at 13:30 UTC. United States Unemployment Rate figure is projected at 3.7. It previously stood at 3.7; data will be released today at 13:30 UTC.
Despite lacklustre price action, some stocks lagged behind their peers as Dogecoin lost 2.08% yesterday before closing at $0.1. FTX Token (down 2.72%), XRP (down 2.37%) also underperformed yesterday.
DOGE ended the previous session at $0.1; currently trading at $0.1
Dogecoin slides down from $0.1 to $0.1 today, losing $0 (2.08%). DOGE is currently trading with a market cap of 13.20 billion with an average daily volume of 230.11 million.
XRP is trading around $0.391, down by $0.006 (1.44%)
Ripple drops $0.006 early on and steadies around the $0.391 level. Ripple has a market cap of 19.67 billion with an average daily volume of 8.70 million.