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bitcoin gained 0.76% on Tuesday. Following on from a 0.12% rise from Monday, bitcoin ended the day at $4,104.6. A bearish morning saw bitcoin fall to a mid-morning intraday low $4,055.2 before finding support. Steering clear of the first major support level at $4,031.80, bitcoin rallied to an early afternoon intraday high $4,120. bitcoin broke through the first major support level at $4,117.80 before easing back. For the bitcoin bulls, a hold onto $4,100 levels by the day’s end was a first since 23rd February. Elsewhere Across the top 10 cryptos, it was a relatively uneventful day for all but one of the crypto majors. Hitting reverse on Tuesday was Stellar’s Lumen, which slid by 3.54% on the day. The heavy losses come off the back of a bullish start to the week. In spite of Tuesday’s pullback, Stellar’s Lumen was still up by 2.47% Monday through Tuesday. Ahead of Stellar’s Lumen in the early part of the week is bitcoin Cash ABC, which was up by 3.34% to the end of Tuesday. In contrast to the front runners, litecoin and Tron’s TRX saw the heaviest losses in the early part of the week. litecoin was down by 1.67%, with Tron down by 1.14%. The pair have seen strong support through the early part of this year, in spite of the current week losses. While Tron may struggle if the wires fail to deliver news of increased adoption, litecoin could find more support near-term. litecoin’s halving doesn’t take place until August, so there’s still plenty of time for a breakout from $60 levels.
