Major cryptos traded in bearish territory. What about BTC?
Bitcoin plummeted down by 0.48% to $9,355.0 on Friday. The crypto slid from an early morning high of $9,400.0 to a low of $9,333.4 after a bearish start of the day. It left the major support and resistance levels untested as well.
On Wednesday and Thursday, Bitcoin traded in the red. The crypto declined by 0.64% and 0.77%, respectively. It ended Thursday’s session at $9,400.0. Before pulling back again, the crypto rebounded from an early drop to hit a late morning intraday high of $9,496.9. But after falling short of the first major resistance level at $9,606.27, it plunged to a late intraday low of $9,285.0.
Furthermore, Bitcoin slid through the first major support level at $9,300.27. Despite that, the crypto found late support and managed to break through the first major support level to $9,400 levels.
Bitcoin’s dominance stood at 66.10% on Friday. During the week, Bitcoin’s dominance hit a Monday high of 66.60% before falling to a Wednesday low of 65.87%.
How did the other cryptocurrencies fare?
The crypto market fluctuated on Friday. Binance Coin climbed up by 0.33%. But other majors ended in bearish territory. Cardano’s ADA fell by 1.05%, losing the most.
The digital coins traded in the red on Thursday as well. Cardano’s ADA plunged by 1.91%, with Litecoin, Ripple’s XRP, and Stellar’s Lumen dropping 1.45%, 1.68%, 1.47%, respectively. Meanwhile, Binance Coin tumbled down by 1.53%, and Bitcoin Cash SV lost 1.49%.
Several other cryptos weren’t far behind. Bitcoin Cash ABC plummeted down by 1.21%, and EOS dropped down by 1.19%. Ethereum also decreased by 1.09%, while Tron’s TRX lowered by 1.03%.
On the other hand, Monero’s XMR and Tezos lost modest amounts, dropping by 0.17% and 0.51%, respectively.
On Friday, the crypto total market cap stood at $260.24bn. During this week, the total market cap plummeted to a Monday low of $246.94bn before hitting a Wednesday high of $266.87bn.
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