Bitcoin surged forward by 3.01% on Sunday after gaining 0.86% on Saturday. The crypto ended the week going up by 10.86% to $9,668.2. It soared from an early morning intraday low of $9,329.7 to a mid-afternoon intraday high of $9,883.5 on Sunday. Furthermore, Bitcoin managed to break through the first and second major resistance levels at $9,571.33 and $9,754.67.
The crypto fell through the second major resistance level to $9,601.9 due to a late pullback before finding support.
However, Bitcoin rose by 0.74% to $9,740.1 on Monday. After a bullish start of the day, the crypto rallied from an early morning low of $9,668.1 to a high of $9.774.8. However, it left the major support and resistance levels untested so far.
What about other cryptocurrencies?
The major cryptos traded on the bullish territory on Monday as well. So far, Binance Coin led the way, with a 1.51% gain.
However, the crypto market fluctuated on Sunday. Several major cryptos ended the week in the green. Ethereum gained the most, skyrocketing by 3.27%. Binance Coin also surged forward by 1.31%, while Bitcoin Cash ABC increased by 0.90%, and Bitcoin Cash SV gained 1.12%.
Meanwhile, Litecoin gained 1.11%, and Cardano’s ADA rose by 0.41%. Ripple’s XRP, Stellar’s Lumen, and Tron’s TRX also climbed up by 0.79%, 1.51%, and 0.34%, respectively.
On the other hand, Monero’s XMR lost 0.14%, and Tezos tumbled down by 0.49%, both of them seeing relatively minor losses.
Still, it was a bullish week for most of the majors. Ethereum and Monero’s XMR hit high, rallying by 10.34% and by 10.58%, respectively.
Binance Coin gained 5.79% during the week. Cardano’s ADA also increased by 7.33%, and EOS added 6.99%, with Stellar’s Lumen rising by 6.23%.
Several other cryptos saw modest profits as well. Bitcoin Cash ABC, Bitcoin Cash SV, Litecoin, Ripple’s XRP, and Tezos soared by 2.44%, 3.48%, 3.78%, 2.07%, and 2.45%, respectively. Tron’s TRX also gained 4.93%.
The crypto total market cap jumped from a Monday low of $229.41bn to a Thursday high of $265.28bn. The total market cap stood at $265.59bn on Monday.
- Trading Instrument