Bitcoin declined on Friday. What about other cryptos?

Bitcoin declined on Friday. What about other cryptos?

The crypto market traded on bearish territory on Friday. Most of the major cryptos declined. Bitcoin plummeted down by 3.09% to $9,488.6. The crypto dropped from an early morning high of $9,848.9 to a low of $9,260.0. It also fell through the first major support level at $9,391.90 before finding support. Litecoin also tumbled down by 1.91% during the day. However, others survived with slight losses.

On the other hand, on Thursday, Bitcoin skyrocketed by 5.14%, ending the day at $9,791.0. The crypto dropped to an early morning low of $9,266.2 before making a move. But it rallied to a late morning intraday high of $9,938.7 after steering clear of the first major support level at $8,938.33.

Bitcoin broke through the first and the second major resistance level at $9,564.83 and $9,781.67. After getting more support, it managed to end the day at levels around $9,790.

How did other major cryptos fare?

The crypto market fluctuated on Thursday. EOS rallied by 4.01%, gaining the most. Bitcoin Cash ABC soared by 2.08%. Bitcoin Cash SV also gained 1.49%, while Ethereum increased by 1.74%. Meanwhile, Litecoin climbed up by 1.73%, and Tron’s TRX rose by 1.45%.

Several other cryptos edged up as well, gaining moderately. Binance Coin increased by 0.86%, and Monero’s XMR rose by 0.35%, while Ripple’s XRP gained 0.96%.

However, others weren’t so fortunate. Cardano’s ADA lost 1.22%, and Stellar’s Lumen declined by 0.96%. Tezos also shaved off 0.22%.

The crypto total market cap climbed from a Monday-low, $229.41bn to a Thursday high of $265.28bn over the week. The total market cap stood at $260.67bn on Friday.24-hour trading volumes also hit an early Monday high of $206.86bn before sliding back to sub-$140bn levels. However, volumes returned to $190bn levels on Thursday.

Meanwhile, Bitcoin’s dominance fell to sub-67% levels before rebounding. On Friday, the crypto’s dominance stood at 67.5%.

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