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.
- Trading Instrument