- Yesterday's star of the day XRP appreciates 0.78% while outperforming its peers
- Asia-Pacific markets are trending positively as ASX 200 is up by 1.32%, hitting 7,117.
Before today's session: the crypto currency markets are flat — Dow Jones closed the day at 32,850, having gained 0.28%. S&P 500 closed 3,821.62 after a stable day.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific session in progress; markets are rising as ASX 200 leaps up to 7,117 (up 1.32%). European markets ended a mixed session yesterday whilst DAX slumps to 13,900 (down 0.42%).
Ambiguous macro data is influencing the market as United States Building Permits (Nov) released yesterday at 13:30 UTC with a figure of 1.34 million, while the previous figure was 1.51 million. United States API Weekly Crude Oil Stock came out at -3 million, while a consensus of analysts was expecting -167,000. United States Housing Starts (Nov) released yesterday at 13:30 UTC with a figure of 1.43 million, while the previous figure was 1.43 million.
Data to be released today might clear up some of the market fog as as things stand, upcoming United States Crude Oil Inventories data is projected to fall short of market expectations with newly published data of -1.66 million, following on from the preceding figure of 10.23 million. New data is set to be published today at 15:30 UTC. Projections for United States Core Durable Goods Orders are set for a continuation of decline with 0.1% while previous data was 0.5%; data will be released Friday. United States Initial Jobless Claims expected to decline to 222,000 while its preceding data was 211,000, data will be available tomorrow at 13:30 UTC.
While markets were generally sideways yesterday, these stocks pulled ahead as XRP up 0.78% trading at $0.347. Dogecoin is doing well and gains 1.25%.
Dogecoin | -1.08% to start today's session
Dogecoin slides down from $0.075 to $0.074 today, losing $0.001 (1.08%).
Ripple | Currently down 0.78% at $0.347
- XRP has fallen back around 64.68% over the past 11 months, from a notable high of $0.99.
- While on an 8 day slump, falling a total of 12.31%,
Having soared to a high of $0.99 approximately 11 months ago, Ripple is now trading 64.68% lower. XRP has a market cap of 17.46 billion with an average daily volume of 5.92 million.