Bitcoin declined by 0.64% on Tuesday. After reversing Monday’s 4.28% rally, the crypto ended the day at $9,635.2. It traded mostly on bearish territory during the session.
The crypto dropped from an early morning intraday high of $9,724.0 to a late morning intraday low of $9,589.7. But it recovered to $9,700 levels after steering clear of the first major support level at $9,390.27. However, a late pullback caused Bitcoin to tumble down to a low of $9,611.8 and into the red before steadying again.
On Wednesday, Bitcoin climbed up by 0.15% to $9,649.6. After a mixed start of the day, the crypto plummeted down to an early morning low of $9,633.7 before hitting a high of $9,658.7. But it left the major support and resistance levels untested so far.
Bitcoin’s dominance plunged to a Monday low of 65.85% before rallying to a high of 66.20%. On Wednesday, Bitcoin’s dominance stood at 65.89%.
What about the other major cryptocurrencies?
The crypto market fluctuated on Tuesday. Tezos skyrocketed by 3.84%, while Monero’s XMR gained 1.06%, and Tron’s TRX climbed up by 0.54%.
On the other hand, the rest of the digital coins traded in the red. Cardano’s ADA and Stellar’s Lumen plummeted down by 1.02% and 1.13%, respectively, leading the way down.
Meanwhile, Binance Coin declined by 0.73%, and EOS dropped by 0.66%. Litecoin wasn’t far behind with a 0.45% loss.
Bitcoin Cash SV also slid by 0.10%, while Ethereum lowered by 0.05%, and Ripple’s XRP fell by 0.15%. However, Bitcoin Cash ABC ended the day flat.
The crypto total market cap surged forward from a Monday low of $258.11bn to a high of $272.54bn over the week. On Wednesday, the total market cap stood at $269.02bn.
The cryptos fluctuated during Wednesday’s session as well. Tron’s TRX tumbled down by 0.04%, experiencing the most significant loss so far. On the other hand, it was a bullish session for the rest of the majors, with Tezos soaring by 1.80%, leading the way.
- Trading Instrument