Cryptocurrencies

Bitcoin rose on Friday while other cryptos fluctuated

Most of the cryptocurrencies experienced modest changes during Friday’s session. Bitcoin rose by 0.03% to $7,295.7. Due to the mixed start of the day, Bitcoin fell to an early morning low of $7,261.0 before hitting a high of $7,299.8. But the crypto left the major support and resistance levels untested so far.

Other cryptos fluctuated in the meantime. Bitcoin Cash ABC and EOS lead the way as they increased by 0.46% and 0.50%, respectively. On the other hand, Bitcoin Cash SV lowered by 0.02%, while Tezos fell by 0.12%, and Tron’s TRX declined by 0.64%, the three of them ending the session in the red.

Before gaining today, Bitcoin fell by 1.00% on Thursday. The crypto ended the day at $7,293.7, partially losing a 2.29% gain from Wednesday.

At first, Bitcoin dropped from an early morning intraday high of $7,370.7 to a mid-morning low $7,254.6. Then it recovered to around $7,300 even though the crypto steered clear of the major support and resistance levels.

However, Bitcoin slid to a mid-day intraday low of $7,117.0 before finding support and returning to $7,300 levels.

Related Post

What about the other cryptocurrencies?

The major cryptos fluctuated on Thursday as well. Monero’s XMR and Stellar’s Lumen gained the most, rising by 1.10% and 2.06%, respectively.

However, it was a bearish day for the other cryptocurrencies. Bitcoin Cash ABC lost most severely, declining by 4.02%.

Several other digital currencies also experienced heavy losses. Bitcoin Cash SV lowered by 1.68%, while Ethereum fell by 2.12%, and Ripple’s XRP lost 1.83%. Tezos also slid by 1.68%, with Tron’s TRX dropping by 1.63%.

On the other hand, Binance Coin, Cardano’s ADA, EOS, and Litecoin saw modest losses on Thursday, lowering by 0.60%, 0.63%, 0.49%, 0.64%, respectively.

The crypto total market cap rose from a Monday low of $190.55bn to a Tuesday high of $211.57bn over the week. Due to the mixed session in the mid-week, the total market cap fell back to $203bn levels before recovering. However, the total market cap stood at $208.50bn today.

Recent Posts

Chinese Electric Vehicle Market: Nio Stock Up 20%

Key Points: Nio's shares hit 44.20 HKD, up 20%, with electric vehicle deliveries up 134.6% year-on-year to 15,620. BYD leads…

1 hour ago

Ethereum Price Dips Below $3,120 Amid Market Slump

Key Points: Ethereum fell sharply from $3,355 to a low of $2,813, reflecting high volatility and sensitivity to market dynamics.…

1 hour ago

Stock Markets: Nikkei Down 0.1%, Hang Seng Up 2.4%

Key Points Nikkei 225 slightly fell by 0.1%, while the Hang Seng index surged by 2.4%. USD/JPY increased slightly, highlighting…

3 hours ago

Gold Price Increases to ₹71,278 and $2,328

Key Points: Gold prices rose on MCX India to ₹71,278/10 gm and COMEX US to $2,328/oz. The US Dollar Index…

6 hours ago

USD/MXN at 17.1268, Up 0.64% in the Latest Session

Key Points: USD/MXN closed at 17.1268, down by 0.64%. The US Dollar Index increased by 0.67%, highlighting its strength at…

6 hours ago

AUD/USD Climbs to 0.6525 as Market Sentiment Shift

Key Points AUD/USD Pair shows early recovery, currently priced at 0.6525, indicating a subtle improvement and a possible shift in…

7 hours ago

This website uses cookies.