Several cryptos ended in red on Monday.What about BTC?

Several cryptos ended in red on Monday.What about BTC?

The cryptocurrency market traded on the bearish territory on Monday. Most of the major cryptos ended the day in the red. Bitcoin Cash SV tumbled down by 3.91%, while EOS plummeted by 3.88%, and Litecoin fell by 3.30%.

The cryptos suffered losses on Sunday as well. Stellar’s Lumen and Tezos saw heavy losses, falling by 3.57% and 3.35%, respectively. Bitcoin Cash ABC declined by 3.75%, and Cardano’s ADA fell 3.70%. EOS also lost 3.55%, and Monero’s XMR decreased by 3.33%.

Other majors saw relatively modest losses. Binance Coin shaved 2.34%, with Bitcoin Cash SV falling by 2.28%. Tron’s TRX also dropped down by 2.37%. Meanwhile, Ethereum, Litecoin, and Ripple’s XRP slid by 1.87%, 2.25%, and 2.00%, respectively.

Despite Sunday’s bearish market, some of the cryptocurrencies profited well over the last week. Stellar’s Lumen gained most, rallying by 17.05%, while Ripple’s XRP surged forward by 11.69%, and Tron’s TRX grew by 11.86%.

Furthermore, Cardano’s ADA soared by 6.76%, and Bitcoin Cash SV rose by 5.65%. Litecoin also skyrocketed by 7.86%, and Ethereum rose by 6.29%.

How did Bitcoin fare?

Bitcoin fell by 1.99% to $8,723.0 on Monday, along with other majors. The crypto rose to a high $8,961.8 in the early morning trading, before falling to a low $8,631.0. After steering clear of the major resistance levels, it fell through the first major support level at $8,692.53.

Bitcoin lost 0.92% during Sunday’s session as well. Before lowering, the crypto rallied to an early morning intraday high $9,198.0. It also managed to break through the first major resistance level at $9,072.13, as well as the second major resistance level at $9,161.97. After that, the crypto slid to a mid-afternoon intraday low $8,738.0.

Bitcoin dropped through the first major support level at $8,824.33 before briefly recovering to $8,900 levels. However, it ended the day in the red. Despite that, the crypto gained 15.61%, rising to $8,899.8 over the last week.

The crypto total market cap stood at $244.53bn on Monday. The total market cap climbed up from a Monday low $220.56bn to a Thursday high $263.29bn during the week.

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