The Crypto Daily – The Movers and Shakers – July 15th, 2020 – FX Empire

Bitcoin, BTC to USD, rose by 0.13% on Tuesday. Partially reversing a 0.73% loss from Monday, Bitcoin ended the day at $9,263.4.

It was a bearish start to the day. Bitcoin slid to a late morning intraday low $9,107.0 before finding support.

Bitcoin fell through the first major support level at $9,198 and the second major support level at $9,144.0.

Steering clear of sub-$9,100 levels, Bitcoin bounced back to a late intraday high $9,287.3.

While falling short of the first major resistance level at $9,328.0, Bitcoin avoided a fall back into the red.

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.

Across the rest of the majors, it was another mixed day on Tuesday.

Cardanos ADA (+6.59%), Stellars Lumen (+3.09%), and Tezos (+2.07%) led the way.

Bitcoin Cash ABC (+0.17%), EOS (+0.55%), Ethereum (+0.49%), Litecoin (+0.09%), Ripples XRP (+0.10%), and Trons TRX (+0.85%) saw more modest gains on the day.

Binance Coin (-1.74%), Bitcoin Cash SV (-0.42%), and Moneros XMR (-1.69%) saw red to buck the trend on the day.

In the current week, the crypto total market cap rose to a Monday high $271.57bn before falling to a Tuesday low $262.96bn. At the time of writing, the total market cap stood at $268.27bn.

Bitcoins dominance fell to a Monday low 63.37% before rising to a Tuesday high 64.00%. At the time of writing, Bitcoins dominance stood at 63.66%.

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The Crypto Daily - The Movers and Shakers - July 15th, 2020 - FX Empire

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