Off to the races! Markets are off to a great start this session; FTX has already added 9.54% to lead the way for cryptocurrency
Markets are up as Bitcoin up 0.37%, trading at $28,027.
Uptick coincides with some positive signs published earlier as highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.5.
Here are the biggest cryptocurrency gainers so far today.
Running out of gas? XRP down to $0.512 (-0.2%)
Now turning against its recent performance, Ripple recovering almost all the way back to $0.513 today, after dipping down to $0.509. Ripple has a market cap of 26.47 billion with an average daily volume of 1.97 billion.
ADA | +0.75% to start today's session
While in the midst of a 9 day downtrend, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing at $0.384 today, Cardano began today at $0.384 with significant bullish sentiment driving Cardano's price action higher. So far today, price action has drawn out a distinct $0.381 to $0.388 range.
FTX Token | +9.54% to start today's 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.