Yesterday, Bitcoin experienced a slight increase, but it took a sharp dive towards the morning and is currently back below the $70,000 level. This week’s data from the US could have a significant impact on Bitcoin. It is crucial to follow the support and resistance levels closely at this time.

Bitcoin and Crypto

Bitcoin (BTC): The BTC/USDT pair has lost 2.22% in the last 24 hours and is currently trading at $69,780. The resistance levels for BTC are $73,000 first, then $78,000. The support levels are $69,000 and $66,400 below that.

Ethereum (ETH): The ETH/USDT pair has lost 2.68% in the last 24 hours and is currently trading at $3,551. The first resistance level for ETH is $3,720, followed by $3,920. The support levels are $3,434 first, then $3,150.

Near (NEAR): The NEAR/USDT pair has lost 4.85% in the last 24 hours and is currently trading at $6.94. The resistance levels for NEAR are $7.39 first, then $8.00. The support levels are $6.93 and $6.26 below that.

ApeCoin (APE): The APE/USDT pair has lost 4.77% in the last 24 hours and is currently trading at $1.91. The resistance levels for APE are $2.01 first, then $2.12. The support levels are $1.85 and $1.71 below that.

Jito (JTO): The JTO/USDT pair has gained 7.92% in the last 24 hours and is currently trading at $4.41. The resistance levels for JTO are $4.52 first, then $4.95. The support levels are $3.71 and $3.28 below that.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’ t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news

The post Bitcoin and Crypto Update – April 1 appeared first on Coin Engineer.

You might like: Bitcoin ATMs Shrink by 11%

Here are the Altcoin Token Unlocks in January 2024:

Aptos(APT), CyberConnect(CYBER), and Space ID(ID) are all important unlocks. Aptos(APT) will be unlocking $256 million in January.

Here are the altcoin token unlocks this month:

3 January 2024, 03:00 – Sui(SUI):

Market Cap: $963.33 million

Unlocked Token Amount: $30.29 million (3.14%)

5 January 2024, 03:00 – Galxe(GAL):

Market Cap: $200.53 million

Unlocked Token Amount: $6.70 million (3.34%)

7 January 2024, 03:00 – Hashflow(HFT):

Market Cap: $110.60 million

Unlocked Token Amount: $5.32 million (4.81%)

14 January 2024, 17:24 – CyberConnect(CYBER):

Market Cap: $108.64 million

Unlocked Token Amount: $9.24 million (8.51%)

17 January 2024, 03:00 – ApeCoin(APE):

Market Cap: $641.35 million

Unlocked Token Amount: $27.15 million (4.23%)

18 January 2024, 16:10 – Axie Infinity(AXS):

Market Cap: $1.26 billion

Unlocked Token Amount: $32.13 million (2.54%)

21 January 2024, 03:00 – Injective(INJ):

Market Cap: $3.29 billion

Unlocked Token Amount: $143.22 million (4.35%)

14 January 2024, 17:24 – SPACE ID(ID):

Market Cap: $136.64 million

Unlocked Token Amount: $16.91 million (12.37%)

27 January 2024, 17:00 – Yield Guild Games(YGG):

Market Cap: $128.05 million

Unlocked Token Amount: $7.60 million (5.94%)

30 January 2024, 07:00 – Optimism(OP):

Market Cap: $3.51 billion

Unlocked Token Amount: $93.01 million (2.65%)

The implications of tokens unlocking

Token unlocks can have a significant impact on the price of an altcoin. When a large amount of tokens are released into circulation, it can lead to a decrease in price. However, if the demand for the token is strong, the price could remain stable or even increase.

Additionally, investors should carefully consider the implications of token unlocks before making any investment decisions. They should also monitor the market closely to see how.

The post Altcoin Token Unlocks in January 2024! appeared first on Coin Engineer.

You might like: The Bull is Coming in Bitcoin! Onchain Analysis!

Bitcoin is currently trading around $43,727 and is continuing to rise without a correction. If it can test and break the current resistance level of $44,600 again, it may not have any obstacles in its way and can move towards the $47,400 levels with a rapid rise.

Bitcoin and Popular Altcoins Prices- December 6

Bitcoin (BTC)

BTC/USD pair is trading at $43,556, down 1.2% as of the time of writing. Resistance levels for BTC are between $44,600 and $47,400, while support levels are between $43,100 and $42,200.

Ethereum (ETH)

ETH/USDT pair is trading at $2,266, down 1.18% as of the time of writing. Resistance levels for ETH are between $2,295 and $2,350, while support levels are between $2,210 and $2,155.

Avalanche (AVAX)

AVAX/USD pair is trading at $25.54, up 4.01% as of the time of writing. Resistance levels for AVAX are between $27.73 and $29.41, while support levels are between $21.98 and $18.95.

ApeCoin (APE)

APE/USD pair is trading at $1.61, down 4.76% as of the time of writing. Resistance levels for APE are between $1.70 and $1.75, while support levels are between $1.59 and $1.53.

Dydx (DYDX)

DYDX/USD pair is trading at $2.92, down 5.10% as of the time of writing. Resistance levels for DYDX are between $3.26 and $3.42, while support levels are between $2.76 and $2.35.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin and Popular Altcoins- December 6 appeared first on Coin Engineer.

You might like: Israel-Palestine War Intensified! What Will Happen to Cryptocurrencies?

The Latest Status in Bitcoin and Cryptocurrencies

The post The Latest Status in Bitcoin and Cryptocurrencies! – October 18 appeared first on Coin Engineer.