Several cryptos fluctuated on Wednesday. What about Bitcoin?

Several cryptos fluctuated on Wednesday. What about Bitcoin?

Cryptocurrencies market ended Tuesday’s session in the green, but it fluctuated on Wednesday. Stellar’s Lumen and Tezos led the way with their gains, rising by 1.63% and 1.61%, respectively. However, Binance Coin fell by 0.12%, while Bitcoin Cash ABC and EOS lowered by 0.17% and 0.07%, respectively.

Some digital coins gained modestly on Tuesday. Furthermore, EOS edged up by 0.74%, with Ethereum rising by 0.40% and Monero’s XMR adding 0.78%.

On the other hand, Cardano’s ADA soared by 2.15%, and Stellar’s Lumen rose by 1.52% on Tuesday. Binance Coin also added 1.07%, and Bitcoin Cash ABC increased by 1.12%, while Litecoin gained 1.09%, and Tezos jumped by 1.06%.

Unlike these digital coins, Bitcoin Cash SV fell by 0.57% on Tuesday. The crypto total market cap also fell to a Tuesday low $196.98bn from a Monday high $209.37bn over the week. On Wednesday, the total market cap stood at $198.73bn.

How did Bitcoin fare?

Bitcoin saw modest gains on Wednesday, along with the other cryptos. It increased by 0.29% to $6,869.6. However, the crypto fluctuated during the session. Still, Bitcoin left major support and resistance levels untested. It fell to an early morning low $6,826.2 before hitting a high $6,892.4.

Bitcoin slid by 4.14% on Monday. But it had a profitable session on Tuesday, adding 0.19% and ending the day at $6,850.0. The crypto rose to an early morning high $6,923.0 after a relatively bullish start of the day. However, after falling short of the major resistance levels it hit reverse and dropped to a late morning intraday low $6,770.1.

The crypto rallied to a late afternoon intraday high $6,958.8, even though it steered clear of the first major support level at $6,657.03. Despite that, it fell short of the first major resistance level at $7,127.33 soon and lowered to sub-$6,900 on Tuesday.

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