Most markets are higher this morning as risk-on sentiment dominates: Ethereum, FTX Token, Algorand USD are showing impressive gains as we move into the afternoon trading session.
Markets are up as Bitcoin up to $29,181, gaining 1.13%.
Uptick coincides with some positive signs published earlier as highly important Average Hourly Earnings data from United States beat analyst expectations of 0.3% with a reading of 0.5%.
Here are the biggest cryptocurrency gainers so far today.
+2.87%: Ether cryptocurrency trades up $53.94, approximately 2.87% higher this afternoon
This session seems to remain in the same lane for now — tentatively higher from an earlier low of $1,877.48, ETH is up to $1,931.6 today, adding $53.94, or 2.87%, to today's closing price of $1,877.66. Ethereum has a market cap of 232.51 billion with an average daily volume of 9.44 billion.
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.
Algorand | +2.09% in mid-session
Algorand has been losing ground for 20 days Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Algorand trades at $0.181 after gaining $0.004 (2.09%).