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May 16, 2023Against the current: Markets are down, yet FTX Token, Litecoin, Algorand USD go up and make this list of top gainers.
The leading indices are falling — Bitcoin drawing back 0.55% to $27,020.
This downslide might be related to financial indicators data published earlier as highly important Retail Sales data from United States beat analyst expectations of 0.8% with a reading of 0.4%.
Though markets had an unsatisfactory day today, some cryptocurrency manage to recover as Top Gainers. Take a look:
LTC is growing its four-day winning streak and is trading at $89.31, gaining $2.19.
As the session continues, it seems to maintain one direction — tentatively higher from an earlier low of $86.44, LTC is up to $89.31 today, adding $2.19, or 2.51%, to today's closing price of $87.12. LTC is currently trading with a market cap of 6.51 billion with an average daily volume of 501 million.
FTX Token | +9.54% in mid-session
After closing the previous trading day at $1.24, FTX is up to $1.36, which makes for a move of 9.54%/$0.119 today.
Algorand | +0.87% in mid-session
Algorand is now trading 39.75% below its 3-month high of $0.495. Algorand has a market cap of 1.22 billion with an average daily volume of 38.68 million.
