The cryptocurrency market traded in the green on Monday. Tezos soared by 2.71%, leading the way. But Cardano’s ADA was the exception, lowering by 0.16%.
On Sunday, the major cryptos fluctuated. Tezos and Stellar’s Lumen skyrocketed by 8.98% and 2.03%, respectively. However, other digital coins ended the session in the red. Bitcoin Cash SV collapsed by 3.51%, losing the most.
Bitcoin Cash ABC plummeted down by 2.36%, while Binance Coin decreased by 2.23%. Ethereum and Litecoin also tumbled down by 1.78% and 2.55%, respectively. Monero’s XMR plunged by 2.13%, with Ripple’s XRP dropping by 2.56%.
On the other hand, several digital coins lost modest amounts. Cardano’s ADA declined by 1.28%, while EOS lowered by 1.20%, and Tron’s TRX fell by 0.43%.
During the week, Ripple’s XRP decreased by 0.04%. However, other digital coins ended higher. Tezos rallied by 27.30%.
Binance Coin skyrocketed by 6.82%, and Bitcoin Cash ABC surged forward by 6.61%. On the other hand, Cardano’s ADA jumped by 8.36%, and Monero’s XMR soared by 9.69%, with Tron’s TRX gaining 7.38%.
Furthermore, Bitcoin Cash SV increased by 1.90%, while EOS rose by 2.95%. Ethereum also surged by 4.90%, Litecoin climbed up by 0.30%, and Stellar’s Lumen added 2.73%.
How did Bitcoin fare?
Bitcoin increased by 0.80% to $11,769.0 on Monday. The crypto soared from an early morning low $11,746.3 to a high $11,789.0. But it left the major support and resistance levels untested.
On Sunday, Bitcoin tumbled down by 0.75%. Despite that, it ended the week higher by 5.57% to $11,675.3. The crypto hit an early morning intraday high $11,788 before pulling back. But then it fell short of the first major resistance level at $11,866 and dropped to a late afternoon intraday low $11,530.0.
Bitcoin slid through the first major support level at $11,593 as well, before finding support. But it recovered to $11,600 levels later.
The crypto total market cap surged forward from a Monday low $322.88bn to a Thursday high $355.09bn over the week. The total market cap stood at $349.50bn on Monday.
- Trading Instrument