Bitcoin declined by 0.66% on Thursday, ending the day at $9,149.6. The crypto rose to an early morning intraday high of $9,227.2 before reversing course.
It fell short of the first major resistance level at $9,267.06, dropping to a late morning intraday low of $9,026.6.
After that, Bitcoin plunged through the first major support level at $9,166.07, as well as the second major resistance level at $9,122.03.
Despite that, the crypto found support at the third major support level at $9,021.03 and returned to $9,160 levels.
On Friday, Bitcoin fell by 0.10% to $9,140.5. After starting the session in bearish territory, Bitcoin tumbled down from an early morning high of $9,150.8 to a low of $9,137.4. It also left the major support and resistance levels untested.
Bitcoin’s dominance dropped to a Monday low 63.09% before surging to a Thursday high of 64.28%. On Friday, Bitcoin’s dominance stood at 63.72%.
How did the other crypto fare?
The Crypto market fluctuated on Thursday. Stellar’s Lumen skyrocketed by 8.65%. However, the rest of the majors traded in the red.
Cardano’s ADA plummeted down by 3.50%, while Monero’s XMR plunged by 4.02%, and Tezos lost 3.53%.
Binance Coin also tumbled down by 2.61%, and Bitcoin Cash SV dropped by 2.84%. Ethereum and Litecoin struggled as well, losing 2.07% and 2.80%.
Several other cryptos saw relatively modest losses. Bitcoin Cash ABC fell by 1.28%, and EOS declined by 1.18%. Meanwhile, Ripple’s XRP tumbled down by 1.58%, and Tron’s TRX lost 1.90%.
On Friday, Stellar’s Lumen continued gaining, rising by 0.67%. However, other majors traded in the red again. Binance Coin and Tezos tumbled down by 0.64% and by 0.66% respectively, leading the way down.
Over this week, the crypto total market cap soared to a Monday high of $273.18bn before plunging to a Thursday low of $258.89bn. On Friday, the total market cap stood at $263.90bn.
- Trading Instrument