alexa certify

The crypto market traded in red on Friday. What about BTC?

Bitcoin declined by 0.16% to $11,105.0 on Friday. The crypto skyrocketed to an early morning high $11,149.3 before dropping to a low $11,100.3. It left the major support and resistance levels untested as well.

On Thursday, Bitcoin edged up by 0.05%, ending the day at $11,123.0. After starting the day on the bearish territory, Bitcoin plummeted down to an early afternoon intraday low $10,855.8. Despite that, it managed to find support at the first major support level at $10,852 and hit a late high of $11,186.1.


Later, the crypto fell short of the first major resistance level at $11,380, tumbling back to sub-$11,100 levels. But Bitcoin hit a final hour intraday high $11,188 and ended the day in the green.


Bitcoin’s dominance surged from a Monday low 62.43% to a Tuesday high 64.57% before lowering again. On Friday, Bitcoin’s dominance stood at 63.58. Thus far, the near-term bullish trend remained intact, supported by the latest move through to $11,000 levels.


How did other cryptos fare?


Binance Coin increased by 0.51% on Friday, while Monero’s XMR rose by 0.22%, and Tezos edged up by 0.01%. But most of the other digital coins traded in the red. Bitcoin Cash SV tumbled down by 0.58%, losing the most.


On Thursday, most of the major cryptos traded on the bullish territory. Several of them gained modestly. Binance Coin rose by 0.55%, and Cardano’s ADA increased by 0.62%. Meanwhile, EOS, Ripple’s XRP, Tezos and Tron’s TRX added 0.90%, 0.36%, 0.90%, and 0.32%, respectively.


On the other hand, Ethereum rallied by 5.39%, leading the way. Bitcoin Cash ABC skyrocketed by 2.43%, and Bitcoin Cash SV jumped by 1.52%. Litecoin soared by 2.92%, while Monero’s XMR surged forward by 2.58%, and Stellar’s Lumen gained 1.72%, all of them finding strong support.


The crypto total market cap surged from a Monday low $285.49bn to a Monday high $335.81bn. The total market cap stood at $321.79bn on Friday.



  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 0 (0 reviews)

Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. Subscribe now and receive FREE updates on the market today!

You might also like

Leave a Reply


Subscribe to Our Newsletters

Have the best of Finance Brokerage News delivered directly to your mailbox. Subscribe now to receive the latest market news.