Most markets are higher this morning as risk-on sentiment dominates: Ethereum, Dogecoin, Cardano are showing impressive gains as we move into the afternoon trading session.
The leading indices are climbing up — Bitcoin goes up 1.85%, trading at $30,970.
Today's rise takes place amid mixed market indicators — Producer Price Index in United States fell short of market expectations (0.1%) with a reading of -0.5%, continuing the decline from the previous figure of 0%.
Here are the biggest cryptocurrency gainers so far today.
Ethereum continues a four day positive streak and is up $101.39 to $2,114
As the session continues, it seems to maintain one direction — Ethereum went up to $2,124.43 only to drop back some of the way and is now trading at $2,114. ETH is currently trading with a market cap of 254.14 billion with an average daily volume of 8.12 billion.
+3.32%: Cardano cryptocurrency trades up $0.014, approximately 3.32% higher this afternoon
Heading in the same direction for now — Cardano got off to a strong start by gaining $0.014 (+3.32%), only to run out of steam later in the session around $0.443. Currently, ADA is trading around the $0.44 level. Cardano has a market cap of 15.29 billion with an average daily volume of 330.17 million.
+3.61%: DOGE cryptocurrency trades up $0.003, approximately 3.61% higher this afternoon
This session seems to remain in the same lane for now — DOGE trades at $0.091 after gaining $0.003 (3.61%). DOGE has a market cap of 12.58 billion with an average daily volume of 849.80 million.