{"id":30842,"date":"2024-10-12T11:42:41","date_gmt":"2024-10-12T08:42:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=30842"},"modified":"2024-10-12T11:42:41","modified_gmt":"2024-10-12T08:42:41","slug":"latest-bitcoin-cryptocurrency-market-update","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/latest-bitcoin-cryptocurrency-market-update\/","title":{"rendered":"Latest Bitcoin and Cryptocurrency Market Update \u2013 October 12"},"content":{"rendered":"<p>What\u2019s the latest situation in Bitcoin and popular <a href=\"https:\/\/coinengineer.net\/blog\/these-5-altcoins-are-on-the-rise-in-south-korea\/\">altcoins<\/a>? How long will the upward trend continue? What are the key support and resistance levels? We&#8217;ve gathered all the details, including liquidations, the top gainers and losers, upcoming events, and more!<\/p>\n<h2>Key Levels for Bitcoin Throughout the Day<\/h2>\n<p>Bitcoin (BTC) quickly reacted after clearing the liquidity at the $59,100 level, reaching the resistance zone between $62,800 and $63,500, marked with a grey box on the chart. If the price fails to break through the $63,500 level with strong volume, a pullback to $61,300 could be expected. Should the price fall below the $59,000 mark, the next support level is found around $57,400.<\/p>\n<ul>\n<li><strong>Bitcoin (BTC)<\/strong>: The BTC\/USDT pair has gained 3.09% over the last 24 hours and is currently trading at $62,680. The key resistance levels for BTC are first at $62,400, followed by $64,500. On the downside, support levels are $61,300 and, below that, $58,900.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30843 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Chart-.png\" alt=\"Bitcoin Current Chart\" width=\"1024\" height=\"539\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Chart-.png 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Chart--300x158.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Chart--768x404.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h3>Trending Coins<\/h3>\n<p>In the last 24 hours, the most trending coins in the crypto market include Simon&#8217;s Cat, Taiko, and Neiro. Among the top gainers are HarryPotterObamaSonic10Inu (ETH), Neiro, and Axelar. On the other hand, Uniswap, Beldex, and CoinEx are leading the list of top losers.<\/p>\n<ul>\n<li><strong>Ethereum (ETH)<\/strong>: The ETH\/USDT pair has gained 1.36% in the last 24 hours and is currently trading at $2,444. Resistance levels for ETH are $2,475, followed by $2,520. Support levels are $2,420 and, below that, $2,330.<\/li>\n<li><strong>Optimism (OP)<\/strong>: The OP\/USDT pair has gained 9.59% over the past 24 hours and is currently trading at $1.73. Resistance levels for OP are first at $1.733, followed by $1.772. Support levels are $1.65, with a lower support at $1.473.<\/li>\n<li><strong>Injective (INJ)<\/strong>: The INJ\/USDT pair is up 6.37% over the last 24 hours and is trading at $20.54. Resistance levels are found at $20.86, followed by $21.3. Support levels are $20.315 and, lower, at $20.16.<\/li>\n<li><strong>Sei (SEI)<\/strong>: The SEI\/USDT pair has gained 7.39% in the last 24 hours, trading at $0.4488. Resistance levels are first at $0.46, followed by $0.473. Support levels are $0.438 and, lower, at $0.377.<\/li>\n<\/ul>\n<h3>Bitcoin Liquidation Map<\/h3>\n<p>Looking at the 12-hour <a href=\"https:\/\/www.coinglass.com\/pro\/futures\/LiquidationMap\" rel=\"nofollow\">Bitcoin liquidation map<\/a>, the most prominent liquidation zone is found at $63,518, with $22.41 million. On the downside, the next significant liquidation zone is at $62,225, valued at $15.98 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30844 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Liquidation-Map.png\" alt=\"Bitcoin Current Liquidation Map\" width=\"855\" height=\"361\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Liquidation-Map.png 855w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Liquidation-Map-300x127.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/Bitcoin-Current-Liquidation-Map-768x324.png 768w\" sizes=\"auto, (max-width: 855px) 100vw, 855px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s the latest situation in Bitcoin and popular altcoins? How long will the upward trend continue? What are the key support and resistance levels? We&#8217;ve gathered all the details, including liquidations, the top gainers and losers, upcoming events, and more! Key Levels for Bitcoin Throughout the Day Bitcoin (BTC) quickly reacted after clearing the liquidity<\/p>\n","protected":false},"author":2,"featured_media":30845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[61,58,8984],"class_list":["post-30842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-bitcoin","tag-cryptocurrency","tag-market-update"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Latest Bitcoin and Cryptocurrency Market Update \u2013 October 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-bitcoin-cryptocurrency-market-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latest Bitcoin and Cryptocurrency Market Update \u2013 October 12 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"What\u2019s the latest situation in Bitcoin and popular altcoins? How long will the upward trend continue? What are the key support and resistance levels? We&#8217;ve gathered all the details, including liquidations, the top gainers and losers, upcoming events, and more! 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