{"id":26467,"date":"2024-08-12T10:30:50","date_gmt":"2024-08-12T07:30:50","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26467"},"modified":"2024-08-12T09:43:16","modified_gmt":"2024-08-12T06:43:16","slug":"latest-on-bitcoin-and-cryptocurrencies-august-12","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/latest-on-bitcoin-and-cryptocurrencies-august-12\/","title":{"rendered":"Latest on Bitcoin and Cryptocurrencies &#8211; August 12"},"content":{"rendered":"<p>What is the current situation in <strong>Bitcoin<\/strong> and popular altcoins? Will the upward trend continue? Which levels are important for the price to rise? Here are the prices of Bitcoin (BTC), Ethereum (ETH), and popular altcoins!<\/p>\n<p><strong>Bitcoin (BTC)<\/strong> continues to be priced at the level of $58,500 after breaking the resistance level of $56,550. After losing volume and dropping earlier, it halted its decline by reacting from the support level. However, if it does not close above the level of $58,400 in the daily candle, the next support level of $56,550 comes into play again.<\/p>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/july-mining-performance-how-top-bitcoin-miners-fared\/\"><em><span style=\"font-weight: 400;\">This Might Interest You: <\/span>July Mining Performance: How Top Bitcoin Miners Fared<\/em><\/a><\/p>\n<p><strong>Bitcoin (BTC)<\/strong>: The BTC\/USDT pair has lost 4.27% in the last 24 hours and is currently trading at the level of $58,500. The resistance levels for BTC are first $60,200 and then $61,320. The support levels are $58,400, and below this region, the level of $56,550 is present.<\/p>\n<p><strong>Ethereum (ETH)<\/strong>: The ETH\/USDT pair has lost 4.10% in the last 24 hours and is currently trading at the level of $2,540. The resistance levels for ETH are first $2,590 and then $2,720. The support levels are $2,360, and below this region, the level of $2,200 is present.<\/p>\n<p><strong>BNB (BNB)<\/strong>: The BNB\/USDT pair has lost 4.20% in the last 24 hours and is currently trading at the level of $507. The resistance levels for BNB are first $530.4 and then $549.5. The support levels are $495, and below this region, the level of $480.4 is present.<\/p>\n<p><strong>Render (RENDER)<\/strong>: The RENDER\/USDT pair has lost 9.05% in the last 24 hours and is currently trading at the level of $4.510. The resistance levels for RENDER are first $4.736 and then $5.277. The support levels are $4.120, and below this region, the level of $3.636 is present.<\/p>\n<p><strong>Dogwifhat (WIF)<\/strong>: The WIF\/USDT pair has lost 9.60% in the last 24 hours and is currently trading at the level of $1.658. The resistance levels for WIF are first $1.93 and then $2.17. The support levels are $1.48, and below this region, the level of $1.24 is present.<\/p>\n<p><i><span style=\"font-weight: 400;\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <\/span><\/i><a href=\"https:\/\/t.me\/coinengineernews\"><i><span style=\"font-weight: 400;\">Telegram, <\/span><\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i><span style=\"font-weight: 400;\">YouTube<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, and <\/span><\/i><a href=\"https:\/\/twitter.com\/coinengineers\"><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> channels for the latest <\/span><\/i><a href=\"https:\/\/coinengineer.io\/news\/\"><i><span style=\"font-weight: 400;\">news<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> and updates.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the current situation in Bitcoin and popular altcoins? Will the upward trend continue? Which levels are important for the price to rise? Here are the prices of Bitcoin (BTC), Ethereum (ETH), and popular altcoins! Bitcoin (BTC) continues to be priced at the level of $58,500 after breaking the resistance level of $56,550. After<\/p>\n","protected":false},"author":6,"featured_media":26472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,657,7],"tags":[1766,7323,4647,1770,7640],"class_list":["post-26467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-en","category-market-analysis","tag-bitcoin-btc","tag-bnb-bnb","tag-dogwifhat-wif","tag-ethereum-eth","tag-render-render"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Latest on Bitcoin and Cryptocurrencies - August 12 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/latest-on-bitcoin-and-cryptocurrencies-august-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latest on Bitcoin and Cryptocurrencies - August 12 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"What is the current situation in Bitcoin and popular altcoins? Will the upward trend continue? Which levels are important for the price to rise? Here are the prices of Bitcoin (BTC), Ethereum (ETH), and popular altcoins! Bitcoin (BTC) continues to be priced at the level of $58,500 after breaking the resistance level of $56,550. 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