Cryptocurrencies

Several cryptos fell on Friday, while Cardano’s ADA gained

Several cryptos traded on relatively bullish territory on Friday. Cardano’s ADA soared by 0.54%. On the other hand, Tezos plummeted down by 0.80%. Binance Coin also fell by 0.02%, and Ethereum dropped by 0.11%.

Meanwhile, Litecoin declined by 0.05%, while Monero’s XMR slid by 0.12%, and Stellar’s Lumen lowered by 0.31%.

On Thursday, the cryptocurrencies market fluctuated. Monero’s XMR surged forward 1.19%. But Cardano’s ADA fell by 4.03%, leading the way down.

Furthermore, Binance Coin plummeted down by 2.72%, while Bitcoin Cash ABC tumbled down by 2.06%, and Bitcoin Cash SV dropped by 2.59%. Meanwhile, Ethereum plunged by 2.02%, and Litecoin decreased by 1.79%.

EOS and Ripple’s XRP lost relatively modest amounts, falling by 0.71% and 0.83%. On the other hand, Stellar’s Lumen shaved off 2.48%, with Tezos tumbling by 2.63%, and Tron’s TRX sliding by 1.73%.

 

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How did Bitcoin fare?

Bitcoin gained 0.12% to $9,110.8 on Friday. After a mixed start of the day, the crypto tumbled down to an early morning low of $9,083.0 before skyrocketing to a high of $9,110.9. But it left the major support and resistance levels untested.

On Thursday, Bitcoin plummeted down by 1.51%, ending the day at $9,100.0. After a mixed start of the day, the crypto hit an early morning intraday high of $9,266.2 before pulling back.

It also fell short of the first major resistance level at $9,322.13 and dropped to a mid-morning low of $9,171.8. Even though Bitcoin steered clear of the major support level, it rebounded to $9,260 levels. After the second sell-off, the crypto slid to a late afternoon intraday low of $8,950.

Furthermore, Bitcoin fell through the first major support level at $9,133.53, as well as the second major support level at $9,027.17. But later, it rebounded to $9,100 levels, limiting the losses on the day.

On Friday, Bitcoin’s dominance stood at 65.81%. Bitcoin’s dominance hit a Monday high of 66.29% before plunging to a Thursday low of 65.63%.

The crypto total market cap soared to a Wednesday high of $260.82bn before falling to a Thursday low of $249.3bn. On Friday, the total market cap stood at $254.86bn.

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