Several Major cryptos gained on Friday. Who were the losers?

Several Major cryptos gained on Friday. Who were the losers?

The cryptocurrency market fluctuated on Friday. Majority of digital coins traded in the green. EOS gained the most in the early session, jumping by 1.49%. On the other hand, Cardano’s ADA tumbled down along with Bitcoin, losing 0.46%.

Major cryptos skyrocketed on Thursday as well, as most of the digital currencies gained. Cardano’s ADA surged forward by 17.71%.

Ethereum jumped by 5.77%, Monero’s XMR gained 4.28%, and Stellar’s Lumen soared by 4.92%. Meanwhile, Tezos and Tron’s TRX increased by 4.37% and 3.12%, respectively, after finding strong support. Binance Coin also climbed up 3.64%, while Bitcoin Cash ABC gained 3.34%.

It was a profitable session for several other cryptos as well. Litecoin soared by 2.05%, while Bitcoin Cash SV grew by 1.17%, and EOS gained 1.67%. However, Ripple’s XRP trailed behind the front-runners, with a 1.37% gain.

How did Bitcoin fare?

Bitcoin lowered by 0.57% to $9,535.0 on Friday. The crypto jumped to an early morning high of $9,618.8 before tumbling down to a low of $9,483.5.

However, Bitcoin surged forward by 4.11% on Thursday. It dropped down to a mid-morning intraday low of $9,118.2 before making a move.

Despite that, Bitcoin skyrocketed to a final hour intraday high of $9,630.3 after steering clear of the first major support level at $8,946.67. The crypto broke through the first major resistance level at $9,349.47, as well as the second major resistance level at $9,488.63, before falling back. The crypto ended the day at $9,589.3.

Bitcoin’s dominance plunged to a Monday low of 66.38% before reaching a high of 69.54% on Thursday. Bitcoin’s dominance stood at 66.99% by the end of the session. However, the near-term bearish trend, which started in late June 2019’s swing high of $13,764.0, is still firmly intact. It was reaffirmed by the March swing low of $4,000.

The total crypto market cap plummeted down to an early Monday low of $238.04bn before jumping to a Friday high of $263.53bn during the week. The total market cap stood at $261.58bn by the end.

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