Major cryptos fluctuated on Friday. Binance Coin surged forward by 0.33%. However, other digital coins ended in the red. Cardano’s ADA plummeted down by 1.05%, losing the most.
On the other hand, the crypto market traded in bearish territory on Thursday. Binance Coin collapsed by 1.53%, and Bitcoin Cash SV plunged by 1.49%. Meanwhile, Cardano’s ADA shaved off 1.91%, with Litecoin, Ripple’s XRP, and Stellar’s Lumen dropping by 1.45%, 1.68%, 1.47%, respectively.
Several other cryptos weren’t far behind. Bitcoin Cash ABC fell by 1.21%, while EOS tumbled down by 1.19%, and Ethereum declined by 1.09%. Tron’s TRX also plummeted down by 1.03%.
Meanwhile, Monero’s XMR and Tezos lost relatively modest amounts, dropping by 0.17% and 0.51%, respectively.
How did Bitcoin fare?
Bitcoin tumbled 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 also left the major support and resistance levels untested.
On Wednesday, Bitcoin dropped by 0.64%. And it plummeted down by 0.77% on Thursday as well, ending the day at $9,400.0. However, the crypto rebounded from an early dip to hit a late morning intraday high of $9,496.9 before sliding back. After falling short of the first major resistance level at $9,606.27, it tumbled down to a late intraday low of $9,285.0.
After that, Bitcoin fell through the first major support level at $9,300.27. But the crypto still managed to find late support and broke through the first major support level to $9,400 levels, thus limiting the loss on the day.
Bitcoin’s dominance stood at 66.10% on Friday. Bitcoin’s dominance hit a Monday high of 66.60% before dropping to a Wednesday low of 65.87%.
On Friday, the crypto total market cap stood at $260.24bn. The total market cap plunged to a Monday low of $246.94bn before hitting a Wednesday high of $266.87bn during last week.
- Trading Instrument