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May 10, 2023
Most markets are higher this morning as risk-on sentiment dominates: Cosmos USD, Litecoin, Algorand USD are showing impressive gains as we move into the afternoon trading session.
Markets are up as Bitcoin up to $28,147, gaining 1.81%.
At the same time, United States Consumer Price Index came out at 4.9%, while a consensus of analysts was expecting 5%.
Here are the biggest cryptocurrency gainers so far today.
+1.5%: Litecoin cryptocurrency trades up $1.2, approximately 1.5% higher this afternoon
This session seems to remain in the same lane for now — after closing at $80.03 today, Litecoin began today at $80.03 with significant bullish sentiment driving Litecoin's price action higher. So far today, price action has drawn out a distinct $79.06 to $81.94 range. Litecoin is currently trading with a market cap of 5.92 billion with an average daily volume of 523 million.
Cosmos Atom | +6.17% in mid-session
Tentatively higher from an earlier low of $10.25, Cosmos Atom is up to $11 today, adding $0.622, or 6.17%, to today's closing price of $10.38.
Algorand | +2.79% in mid-session
Algorand jumps by 2.79% ($0.005), its largest single-day gain since Apr 13. Algorand has shed $0.42 points and is languishing 71.78% lower over the past year, leaving its yearly highs around $0.585 in the rear-view mirror. Algorand has a market cap of 1.23 billion with an average daily volume of 46.67 million.
