Best Crypto to Buy Today 6th January – FGHT, XMR, D2T, LRC, CCHG, HNT
US unemployment applications declined to the lowest amount in more than three months today, January 6, displaying an incredibly robust job market despite the Federal Reserve's efforts to reduce high inflation by moderating economic activity.
The Labor Department revealed that applications for unemployment assistance decreased by 19,000, settling at 204,000 for the last week of December. In addition, the payroll processing company ADP reported that the US gained 235,000 jobs, surpassing predictions.
The latest jobs data for December has caused an uptick in U.S. stock futures so far today, as the economy added more jobs than anticipated. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have all seen increases in futures, with the S&P 500 and Dow rising by more than 1.6% and the Nasdaq climbing by 1.7% as of writing.
Meanwhile, the day has been slow for the cryptocurrency market with Bitcoin and Ethereum prices at $16,775 and $1,250 as of writing, down by 0.52% and 0.05% respectively for the day.
As unpredictable macroeconomic factors continue to drive markets, investors must diversify their portfolios to survive sudden changes in market sentiment such as labor market data releases. The following are the five best cryptos to buy today January 6, to diversify your crypto portfolio, based on their strong fundamentals and technicals.
Fight Out is an in-development blockchain-integrated move-to-earn (M2E) app and gym chain that will incentivize users to get active and healthy while earning rewards and creating socially motivated fitness communities both locally and online. The Fight Out app will allow users to create personalized workout plans, track their progress, and join challenges with other members of the
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