Bitcoin, BTC to USD, rose by 0.60% on Friday. Following a 2.32% slide on Thursday, Bitcoin ended the day at $9,304.6.<\/p>\n
It was a bearish start to the day for Bitcoin. Bitcoin fell to an early morning intraday low $9,133.1 before finding support.<\/p>\n
Finding support at the first major support level at $9,132.03, Bitcoin rallied to a late intraday high $9,324.6.<\/p>\n
In spite of the late recovery, Bitcoin fell well short of the first major resistance level at $9,407.73.<\/p>\n
The late recovery, however, saw Bitcoin wrap up the day in positive territory.<\/p>\n
The near-term bullish trend remained intact in spite of the early July 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 Friday.<\/p>\n
Binance Coin (+2.73%), Bitcoin Cash ABC (+1.00%), Moneros XMR (+0.25%), and Tezos (+0.34%) bucked the trend on the day.<\/p>\n
It was a bearish day for the rest of the majors.<\/p>\n
Cardanos ADA led the way down, with a loss of 4.63%.<\/p>\n
Bitcoin Cash SV (-2.00%), XRP (-1.69%) Stellars Lumen (-0.99%), and Trons TRX (-2.02%) also struggled.<\/p>\n
EOS (-0.72%), Ethereum (-0.33%), and Litecoin (-0.02%) saw relatively modest losses on the day.<\/p>\n
In the current week, the crypto total market cap rose from a Monday low $254.55bn to a Wednesday high $274.58bn. At the time of writing, the total market cap stood at $267.03bn.<\/p>\n
Bitcoins dominance fell from a Monday high 65.58% to a Thursday low 63.55%. At the time of writing, Bitcoins dominance stood at 64.05%.<\/p>\n
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The Crypto Daily Movers and Shakers July 11th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin, BTC to USD, rose by 0.60% on Friday. Following a 2.32% slide on Thursday, Bitcoin ended the day at $9,304.6. Continue reading