Its a mixed start to the day for the crypto majors. A Bitcoin move through to $58,500 levels would support the broader market.
Bitcoin, BTC to USD, rose by 2.12% on Sunday. Partially reversing a 3.29% fall from Saturday, Bitcoin ended the week up by 4.40% to $58,240.2.
A bearish start to the day saw Bitcoin fall to an early morning intraday low $56,500.0 before making a move.
Steering clear of the first major support level at $55,981.0, Bitcoin rallied to a mid-afternoon intraday high $58,480.0.
Falling short of the first major resistance level at $58,950.0, Bitcoin slipped back to sub-$58,000 levels.