Bitcoin rose by 1.00% on Friday. Following on from a 3.44% rally on Thursday, Bitcoin ended the day at $9,180.6.<\/p>\n
A bearish start to the day saw Bitcoin fall to an early morning intraday low $9,011.3 before finding support.<\/p>\n
Steering clear of the first major support level at $8,857.43, Bitcoin rallied to a late morning intraday high $9,199.70.<\/p>\n
Falling short of the first major resistance level at $9,255.33, Bitcoin fell back to sub-$9,100 levels.<\/p>\n
Finding late support, however, Bitcoin bounced back to close out the day in positive territory.<\/p>\n
The near-term bearish trend, formed at late Junes swing hi $13,764.0, remained firmly intact, with Bitcoin struggling to break out from $10,000 levels.<\/p>\n
For the bulls, Bitcoin would need to break out from $11,000 levels to form a near-term bullish trend.<\/p>\n
Across the rest of the top 10 cryptos, it was a bullish day for the crypto majors.<\/p>\n
Ethereum led the way, rallying by 7.42%.<\/p>\n
Binance Coin (+2.99%), Bitcoin Cash ABC (+3.42%), Bitcoin Cash SV (+2.60%), Litecoin (+2.09%), Ripples XRP (+2.43%), Stellars Lumen (+2.78%), Tezos (+3.03%), and Trons TRX (+2.41%) also saw solid gains.<\/p>\n
Cardans ADA (+1.34%), EOS (+1.92%), and Moneros XMR (+0.72%) trailed the pack.<\/p>\n
Through the current week, the crypto total market cap rose to a Friday high $263.56bn from a Monday low $243.1. At the time of writing, the total market cap stood at $263.18bn.<\/p>\n
Bitcoins dominance fell back from 64% levels in the week as the broader market found support. At the time of writing, Bitcoins dominance stood at 63.2%.<\/p>\n
Trading volumes hit an early Tuesday high $187.15bn before falling back to sub-$130bn levels. At the time of writing, 24-hr volumes stood at $137.34bn.<\/p>\n
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The Crypto Daily Movers and Shakers -07\/03\/20 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin rose by 1.00% on Friday. Following on from a 3.44% rally on Thursday, Bitcoin ended the day at $9,180.6. A bearish start to the day saw Bitcoin fall to an early morning intraday low $9,011.3 before finding support. Continue reading