Algorand USD is down to $0.2, after ending today at $0.223. Overall, a 9.43% loss or $0.023 today.
Algorand is currently trading at $0.2 following the release of Crude Oil Inventories data from the United States.
In the meantime, negative performances are also seen in other markets, Litecoin closed at $75.8 (down 10.12%). After ending today's session at $0.075, Dogecoin lost $0.006 and is trading around $0.068. EOS dips 7.97% to trade around $1.03.
Some optimism can drawn from the fact that United States Initial Jobless Claims is projected to outperform its last figure with 205,000. It previously stood at 211,000; data will be released tomorrow at 12:30 UTC.
Furthermore, United States Philadelphia Fed Manufacturing Index (Mar) is scheduled for tomorrow at 12:30 UTC. United States Building Permits (Feb) will be released tomorrow at 12:30 UTC.
Trending downwards for around a month. Algorand has fallen back around 76.52% from the significant high of $0.95 set 11 months ago.