Crypto market traded in the red on Friday. What about BTC?

Crypto market traded in the red on Friday. What about BTC?

Stellar’s Lumen surged forward on Friday, rising by 0.67%. However, other major cryptos traded in bearish territory. Binance Coin and Tezos plummeted down by 0.64% and by 0.66%, respectively, leading the way down.

The Crypto market fluctuated on Thursday. Stellar’s Lumen rallied by 8.65%. However, the rest of the majors traded in the red. Cardano’s ADA tumbled down by 3.50%, while Monero’s XMR dropped by 4.02%, and Tezos lost 3.53%.

Furthermore, Binance Coin decreased by 2.61%, and Bitcoin Cash SV plunged by 2.84%. Ethereum and Litecoin wavered as well, lowering by 2.07% and 2.80%, respectively.

However, several other digital coins saw relatively modest losses. Bitcoin Cash ABC dropped by 1.28%, and EOS shaved off 1.18%. Meanwhile, Ripple’s XRP fell by 1.58%, and Tron’s TRX lost 1.90%.

 

How did Bitcoin fare?

Bitcoin lowered by 0.10% to $9,140.5 on Friday. After starting the session in the red, Bitcoin plummeted 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.

On Thursday, the crypto fell by 0.66%, ending the day at $9,149.6. It hit an early morning intraday high of $9,227.2 before reversing course.

Furthermore, Bitcoin fell short of the first major resistance level at $9,267.06, tumbling to a late morning intraday low of $9,026.6.

Then it plunged through the first major support level at $9,166.07, as well as the second major resistance level at $9,122.03.

However, the crypto found support at the third major support level at $9,021.03 and returned to $9,160 levels.

Bitcoin’s dominance plunged to a Monday low of 63.09% before soaring to a Thursday high of 64.28%. On Friday, Bitcoin’s dominance stood at 63.72%.

The crypto total market cap stood at $263.90bn on Friday. Over this week, the total market cap rallied to a Monday high of $273.18bn before dropping to a Thursday low of $258.89bn.

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