It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move.<\/p>\n
The pullback saw Bitcoin fall through the first major support level at $9,498.20.<\/p>\n
Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red.<\/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 (+2.24%), Ethereum (+1.46%), and Trons TRX (+0.16%) bucked the trend on the day.<\/p>\n
It was a bearish day for the rest of the majors, however.<\/p>\n
Tezos slid by 5.00% to lead the way down.<\/p>\n
Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripples XRP (-2.07%), and Stellars Lumen (-2.98%) also struggled.<\/p>\n
Bitcoin Cash ABC (-0.55%), Cardanos ADA (-1.78%), Litecoin (-1.82%), and Moneros XMR (-1.74%) saw relatively modest losses.<\/p>\n
In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn.<\/p>\n
Bitcoins dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoins dominance stood at 62.76%.<\/p>\n
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The Crypto Daily Movers and Shakers July 25th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Continue reading