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.
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.
Non-fungible tokens, commonly known as NFTs, have emerged as a revolutionary digital asset representing ownership of unique items or content.…
Key Points Microsoft's $1.7 billion investment in Indonesia aims to boost cloud and AI infrastructure as part of the Golden…
Key Points Tesla's stock surged by 15% following a major advancement in its driver-assistance technology in China. Collaboration with Baidu…
Key Points Solana's price stability hinges on the $133.77 level, influencing future bullish or bearish trends. Key resistances at $145.41,…
Key Points The current gold price is $2,334.66/oz, down from April highs, due to decreased haven demand. US high-interest rates…
Key Points: USD/CAD rose to 1.3665 due to a strengthening US Dollar and falling oil prices impacting the Canadian Dollar.…
This website uses cookies.