The Crypto Daily – Movers and Shakers – April 12th, 2021

A bullish start to the day saw Bitcoin rise to an early morning intraday high $60,722.0 before hitting reverse.

Falling short of the first major resistance level at $61,403, Bitcoin fell to an early afternoon intraday low $59,308.0.

Steering clear of the first major support level at $58,060, Bitcoin revisited $60,200 levels before easing back.

The near-term bullish trend remained intact supported by the latest move back through to $61,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $26,041 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a mixed day on Sunday.

Crypto.com Coin fell by 2.32% to lead the way down.

Litecoin (-1.49%), Polkadot (-1.02%), and Ripple’s XRP (-1.32%) also saw red.

It was a bullish day for the rest of the majors, however.

Binance Coin rallied by 11.55% to lead the way.

Cardano’s ADA (+3.81%) and Chainlink (+6.00%) also making solid gains.

Bitcoin Cash SV (+1.59%), and Ethereum (+0.82%) also joined Bitcoin in the green.

For the week, it was also mixed for the majors.

Polkadot slid by 9.51%, with Crypto.com Coin falling by 0.19% to buck the trend.

It was a bullish week for the rest of the majors.

Ripple’s XRP led the way, surging by 113.1%, with Binance Coin jumping by 50.6%.

Bitcoin Cash SV (+20.59%) and Litecoin (+24.81%) also made solid gains in the week.

Cardano’s ADA (+6.84%), Chainlink (+10.03%), and Ethereum (+3.58%) trailed the front runners, however.

In the week, the crypto total market fell to a Wednesday low $1,782bn before rising to a Saturday high $2,064bn. At the time of writing, the total market cap stood at $2,000bn.

Bitcoin’s dominance rose to a Monday high 58.43% before falling to a Sunday low 55.13%. At the time of writing, Bitcoin’s dominance stood at 55.70%.