It was a bullish day for the rest of the majors, however. Crypto.com Coin and Litecoin slipped by 0.26% and by 0.73% respectively to buck the trend on the day. Binance Coin jumped by 16.49% to lead the way.
The Rest of the Pack The near-term bullish trend remained intact in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend.
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Across the rest of the majors, it was a mixed day on Tuesday. Falling short of the first major resistance level at $57,335, however, Bitcoin eased back to end the day at sub-$56,500 levels.
Bitcoin’s dominance fell to a Monday low 51.28% before rising to a Tuesday high 54.32%. At the time of writing, Bitcoin’s dominance stood at 51.89%. Source www.fxempire.com Early in the week, the crypto total market rose to a Monday high $2,100bn before sliding to a Tuesday low $1,837bn. At the time of writing, the total market cap stood at $2,043bn.
Bitcoin Cash SV (+2.95%) and Polkadot (+0.59%), trailed the front runners, however. Cardano’s ADA (+6.08%), Chainlink (+9.12%), Ethereum (+7.81%), and Ripple’s XRP (+5.76%) also found strong support.
The News Highlights
- The Crypto Daily – Movers and Shakers – April 21, 2021
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