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Today Crypto Market: Shakers and Movers – July 3

Bitcoin

On Friday, BTC-USD increased by 0.88%. However, with a slight 4.30% reverse from Thursday, the leading digital coin ended the day trading at $33,816.0.

Bullish sentiment in the market saw BTC surging to $33,983.0 in early morning trading sessions before a drop.

After failing to holds its crucial resistance around $34,842, the coin went southwards, declining to $32,700, a mid-morning low.

From its first crucial support at $32,493, however, the leading asset revisited $33,900 before a slide back.

Keep in mind that Bitcoin maintained its near-term bullish outlook despite the recent drops to sub-$30K levels. The asset might need extended drops through $27,237, 62% Fib retracement to highlight bearishness. That would confirm a near-term bears’ dominance.

Other Assets

All top digital coins saw a mixed trading day on Friday.

Cardano led the pack with a 4.75% rally. Ethereum with 2.29% gains and Chainlink adding 0.17% followed BTC in the green territory.

However, the rest of the altcoins had bearish sentiments early today.

Crypto.com Coin with a 1.24 drop and Bitcoin SV shading 1.43% led the declining way on Friday. Ripples XRP (0.34% drop), Polkadot (0.13% plunge), Litecoin (0.09% loss), and Binance Coin (0.12% decrease) saw modest losses too.

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Over the week, the overall crypto market cap had a high of $1.485 billion on Tuesday before dropping to a $1.319 billion Friday low. While publishing this content, the crypto market capitalization stands at $1.376 billion.

Meanwhile, BTC’s market dominance increased to 47.67% on Monday before dropping to 45.54% on Thursday. While writing this, the leading crypto has its dominance at 45.94%.

Saturday Morning

While publishing this report, BTC declined to trade at $33,727.0, following a 0.26% fade. However, a mixed morning trading session had the asset rising to an early morning $33,942.0 high before plunging to $33,716.0.

Remember, Bitcoin did not test its critical resistance and support levels.

Other markets saw unpredictable sessions early today.

Crypto.com Coin started the day with positivity, surging by 1.89%.

The rest of the top digital coins had bearish sentiments. At the moment, ADA leads the loss by 0.65%.

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For now, BTC would have to avoid the pivot level at $33,500 to break its first crucial resistance at $34,299.

Stay around for more cryptocurrency updates.


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Drugi Zawadzki (Poland)

Second Zawadzki is a new author for Tokenhell. He is a cryptocurrency investor and enthusiast and writes news and reviews on this website.

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