Cryptocurrencies

Major cryptocurrencies fluctuated during Friday’s session

The cryptocurrencies market fluctuated during Friday’s session. However, major cryptos ended the day with slight changes. Bitcoin Cash ABC and EOS led the way, rising by 0.46% and 0.50%, respectively. Meanwhile, Bitcoin Cash SV declined by 0.02%. Tezos fell by 0.12%, and Tron’s TRX also lowered by 0.64%.

On the other hand, Bitcoin climbed up by 0.03% to $7,295.7. The crypto fell to an early morning low $7,261.0 before hitting a high $7,299.8 due to the mixed start of the day. But Bitcoin left the major support and resistance levels untested in Friday’s early trading.

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

However, several other cryptocurrencies ended the day with heavy losses. Bitcoin Cash ABC suffered the largest decline, falling by 4.02%. Bitcoin Cash SV also lowered by 1.68%, while Ethereum dropped by 2.12%, and Ripple’s XRP tumbled down by 1.83%.

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Tezos also slid by 1.68%, while Tron’s TRX plummeted down by 1.63%. Binance Coin, Cardano’s ADA, EOS, and Litecoin, on the other hand, saw modest losses on Thursday, lowering by 0.60%, 0.63%, 0.49%, 0.64%, respectively.

What about Bitcoin?

Bitcoin fell by 1.00% on Thursday before gaining on Friday. At first, the crypto dropped from an early morning intraday high of $7,370.7 to a mid-morning low $7,254.6. Even though Bitcoin steered clear of the major support and resistance levels, it recovered to $7,300 levels soon.

Before finding support and returning to $7,300 levels, the crypto slid to a mid-day intraday low of $7,117.0. Bitcoin ended the day at $7,293.7, partially losing a 2.29% gain from Wednesday. 

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

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