The ASX200 green; Redbubble tumbles on Q1 results; Douugh soars on new crypto deal

The Australian market has overturned its turbulent start to the week to trade 0.91% higher at 7338.60 after lunchtime on Thursday as the tech and gold mining sectors each surge more than 3%.

The tech sector is leading the upward trend today, trading 3.45% higher after lunch as Wisetech Global soars 6.69%, while Megaport and Appen are trading 5.61% and 5.52% higher respectively.

Bitcoin is trading 3.75% higher over the last 24-hours at US$58,415.81 at 1:20pm AEDT.

Redbubble shares are tumbling today, trading 13% lower at the time of writing, after the ecommerce company released its first quarter update. For the three months ended September 30, Redbubble reported a 21% decline in gross transaction value to $142m and gross profit down 34% to $42m.

Making headlines, smart banking app Douugh shares are skyrocketing almost 15% today after announcing its US customers will soon be able to trade and transact with cryptocurrencies. The smart banking company announced a partnership with crypto-as-a-service provider Zero Hash in the US to integrate a crypto wallet and trading services into the core Douugh app.

And TV studio Fox is launching a ?MaskVerse? NFT collection to build a community focused on the hit TV show, The Masked Singer.