Bitcoin fell by 1.00% on Tuesday. Partially reversing a 2.99% gain from Monday, Bitcoin ended the day at $9,267.5.<\/p>\n
It was a mixed start to the day for Bitcoin. Bitcoin rose to an early morning intraday high $9,389.4 before hitting reverse.<\/p>\n
Falling well short of the first major resistance level at $9,475.2, Bitcoin slid to a late intraday low $9,211.1.<\/p>\n
Steering clear of the first major support level at $9,161.4, Bitcoin moved back through to $9,260 levels to limit the loss on the day.<\/p>\n
The near-term bullish trend remained intact in spite of the recent pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.<\/p>\n
Across the rest of the majors, it was a mixed day on Tuesday.<\/p>\n
Cardanos ADA jumped by 11.78% to lead the way.<\/p>\n
Binance Coin (+2.94%), Stellars Lumen (+2.76%), and Tezos (+2.71%) also bucked the trend on the day.<\/p>\n
It was a bearish day for the rest of the majors, however.<\/p>\n
Bitcoin Cash SV (-4.55%) and Trons TRX (-4.80%) led the way down.<\/p>\n
Bitcoin Cash ABC (-1.28%), EOS (-2.14%), Ethereum (-0.97%), Litecoin (-1.54%), Moneros XMR (-0.68%) and Ripples XRP (-1.93%) also joined Bitcoin in the red.<\/p>\n
In the current week, the crypto total market cap rose from a Monday low $254.54bn to Tuesday high $267.10bn. At the time of writing, the total market cap stood at $263.81bn.<\/p>\n
Bitcoins dominance fell from a Monday high 65.58% to a Tuesday low 64.30%. At the time of writing, Bitcoins dominance stood at 64.58%.<\/p>\n
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Excerpt from: <\/p>\n
The Crypto Daily - The Movers and Shakers - July 8th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin fell by 1.00% on Tuesday. Partially reversing a 2.99% gain from Monday, Bitcoin ended the day at $9,267.5. Continue reading