Cryptocurrencies

Stellar’s Lumen gained on Friday. What about Bitcoin?

Most of the cryptos traded in bullish territory on Friday. Stellar’s Lumen gained the most, surging forward by 0.96%.

However, Bitcoin Cash SV declined by 0.80% during Friday’s session, while Cardano’s ADA lost 0.12%, and Tezos dropped by 0.68%, all of them ending in the red.

The Crypto market fluctuated on Thursday as well. Bitcoin Cash ABC and Bitcoin Cash SV jumped by 0.35% and 0.46%, respectively. On the other hand, the rest of the digital coins traded on in the red during the session.

Stellar’s Lumen tumbled down by 1.90%, and Tezos shaved off 1.53%, while Cardano’s ADA plummeted down by 1.06%, and Ripple’s XRP fell by 1.02%.

Litecoin, Monero’s XMR, and Tron’s TRX saw relatively modest losses, dropping by 0.59%, 0.65%, and 0.06%, respectively. Meanwhile, Binance Coin decreased by 0.50%, and EOS fell by 0.88%. Ethereum also plunged by 0.92%.

How did Bitcoin fare?

Bitcoin surged forward by 0.22% to $9,277.5 on Friday. After a mixed start of the day, the crypto fell to an early morning low of $9,205.0 before hitting a high of $9,299.0.

Related Post

On Thursday, Bitcoin fell by 0.52%, ending the day at $9,257.0. After a bearish start of the day, the crypto plummeted down to an early morning intraday low of $9,011.0 before finding support.

Bitcoin also dropped through the first major support level at $9,121.37 before hitting a late morning high of $9,346.6. But the crypto fell short of the major resistance levels, dropping to sub-$9,200 levels.

The crypto steered clear of the major support levels, but Bitcoin skyrocketed to a late intraday high of $9,349.0 before dropping back into the red. It fell short of $9,400, as well as the first major resistance level at $9,593.47

On Friday, Bitcoin’s dominance stood at 65.81%. Bitcoin’s dominance rallied to a Monday high of 66.20% before dropping to a Wednesday low of 65.65%.

The crypto total market cap stood at $259.08bn on Friday. The total market cap jumped to a Monday high of $272.54bn before falling to a Thursday low of $251.99bn.

Recent Posts

Crypto Wallet: Balancing Security and Convenience

Cryptocurrency wallets have emerged as indispensable tools for managing and storing digital assets in the evolving digital finance landscape. These…

3 hours ago

Eurozone’s Stabilising Economy: 0.3% Growth in 2024

Key points: The Eurozone's GDP grew by 0.3% in Q1 2024, showing signs of stabilisation after 2023's slight contraction. April…

11 hours ago

Stock Futures: S&P Down 0.07%, Nasdaq Falls 0.29%

Key Points: S&P 500 and Nasdaq 100 Stock Futures Show Decline: S&P 500 down 0.07%, Nasdaq 100 drops 0.29%, signaling…

11 hours ago

Bitcoin Drops 5.75% to $59,966, Market at $1.18T

Key Points: Bitcoin price is currently $59,966, reflecting a 5.75% drop in 24 hours. Key resistance at $59,145 and support…

11 hours ago

Oil Futures: Brent at $85.58, WTI Falls to $80.48

Key Points: Brent and WTI oil futures fell by 0.9% and 1%, respectively. US crude stockpiles unexpectedly increased by 4.9…

14 hours ago

GBP/USD Dips to 1.2490: Analyzing Market Reactions

Key Points: GBP/USD fell below 1.2490, indicating significant market sentiment shifts and potential broader economic impact. Bank of England's dovish…

14 hours ago

This website uses cookies.