Bitcoin declined by 1.51% on Thursday, ending the day at $9,100.0. After a mixed start of the day, the crypto hit an early morning intraday high of $9,266.2 before reversing course.
It fell short of the first major resistance level at $9,322.13 and plunged to a mid-morning low of $9,171.8. However, Bitcoin steered clear of the major support levels and rebounded to $9,260 levels. After the second sell-off, Bitcoin dropped to a late afternoon intraday low of $8,950.
The crypto fell through the first major support level at $9,133.53, as well as the second major support level at $9,027.17. But later, it recovered to $9,100 levels, limiting the loss on the day.
On Friday, Bitcoin gained 0.12% to $9,110.8. After a mixed start of the day, Bitcoin tumbled down to an early morning low of $9,083.0 before hitting a high of $9,110.9. But it left the major support and resistance levels untested.
Bitcoin’s dominance jumped to a Monday high of 66.29% before sliding to a Thursday low of 65.63%. On Friday, Bitcoin’s dominance stood at 65.81%.
What about the other cryptos?
Major cryptocurrencies fluctuated on Thursday. Monero’s XMR gained 1.19%. On the other hand, Cardano’s ADA plunged by 4.03%, leading the way down.
Binance Coin tumbled down by 2.72%, while Bitcoin Cash ABC plummeted down by 2.06%, and Bitcoin Cash SV lowered by 2.59%. Meanwhile, Ethereum declined by 2.02%, and Litecoin dropped by 1.79%.
Stellar’s Lumen also shaved off 2.48%, with Tezos sliding by 2.63%, and Tron’s TRX falling by 1.73%. EOS and Ripple’s XRP lost relatively modest amounts, lowering by 0.71% and 0.83%.
On Friday, several majors traded on a relatively bullish territory. Cardano’s ADA surged forward by 0.54%. However, Binance Coin lowered by 0.02%, and Ethereum slid by 0.11%. Litecoin also declined by 0.05%, while Monero’s XMR lost 0.12%, and Stellar’s Lumen tumbled down by 0.31%. Meanwhile, Tezos plummeted down by 0.80%.
The crypto total market cap hit a Wednesday high of $260.82bn before plunging to a Thursday low of $249.3bn. On Friday, the total market cap stood at $254.86bn.
- Trading Instrument