{"id":33632,"date":"2024-12-16T17:00:24","date_gmt":"2024-12-16T14:00:24","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=33632"},"modified":"2024-12-16T16:32:46","modified_gmt":"2024-12-16T13:32:46","slug":"the-latest-on-bitcoin-and-cryptocurrencies-december-16","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/the-latest-on-bitcoin-and-cryptocurrencies-december-16\/","title":{"rendered":"The Latest on Bitcoin and Cryptocurrencies: December 16"},"content":{"rendered":"<p>What is the Current Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? We\u2019ve prepared key details about support and resistance levels, liquidations, the top gainers and losers, upcoming events, and more!<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/the-latest-on-bitcoin-and-cryptocurrencies-december-16\/#Bitcoin_Daily_Key_Levels\" title=\"Bitcoin Daily Key Levels\">Bitcoin Daily Key Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/the-latest-on-bitcoin-and-cryptocurrencies-december-16\/#Trending_Coins\" title=\"Trending Coins\">Trending Coins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/the-latest-on-bitcoin-and-cryptocurrencies-december-16\/#Bitcoin_Liquidation_Map\" title=\"Bitcoin Liquidation Map\">Bitcoin Liquidation Map<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Daily_Key_Levels\"><\/span>Bitcoin Daily Key Levels<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>BTC\/USDT<\/strong> has gained <strong>0.18%<\/strong> in the last 24 hours and is currently trading at <strong>$104,383<\/strong>. Bitcoin recently rebounded from the <strong>$101,000 support level<\/strong>, as previously indicated in analyses, and hit a new all-time high. If the uptrend continues, the resistance level stands at <strong>$105,766<\/strong>, while the support levels are at <strong>$103,668<\/strong> and <strong>$101,000<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-143416 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-16_13-21-12_40f61.png\" alt=\"\" width=\"1785\" height=\"883\" \/><\/p>\n<hr \/>\n<p><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p><strong>Ethereum (ETH): <\/strong>The <strong>ETH\/USDT<\/strong> pair has risen by <strong>1.95%<\/strong> in the last 24 hours and is trading at <strong>$3,943<\/strong>. Key resistance levels for Ethereum are at <strong>$3,988<\/strong> and <strong>$4,025<\/strong>, while the support levels are at <strong>$3,942<\/strong> and <strong>$3,886<\/strong>.<\/p>\n<p><strong>MultiversX (EGLD): <\/strong><strong>EGLD\/USDT<\/strong> has dropped <strong>5.54%<\/strong> in the last 24 hours and is trading at <strong>$44.5<\/strong>. Resistance levels are at <strong>$48<\/strong> and <strong>$49.3<\/strong>, with support zones at <strong>$44.3<\/strong> and, in case of deeper declines, <strong>$40<\/strong>.<\/p>\n<p><strong>Fantom (FTM): <\/strong>The <strong>FTM\/USDT<\/strong> pair surged <strong>9.49%<\/strong> in the last 24 hours and is trading at <strong>$1.36<\/strong>. Resistance levels are <strong>$1.46<\/strong> and <strong>$1.60<\/strong>, while support levels are at <strong>$1.39<\/strong> and <strong>$1.34<\/strong> for lower zones.<\/p>\n<p><strong>Pyth Network (PYTH): <\/strong><strong>PYTH\/USDT<\/strong> gained <strong>6.58%<\/strong> in the last 24 hours and is currently trading at <strong>$0.465<\/strong>. Resistance levels for PYTH are <strong>$0.475<\/strong> and <strong>$0.50<\/strong>, while support lies at <strong>$0.45<\/strong> and <strong>$0.433<\/strong> if declines deepen.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trending_Coins\"><\/span>Trending Coins<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the past 24 hours, the top <strong>trending coins<\/strong> include <strong>Hyperliquid (HYPE)<\/strong>, <strong>Ondo (ONDO)<\/strong>, and <strong>Virtuals Protocol (VIRTUAL)<\/strong>. Among the <strong>top gainers<\/strong> are <strong>Moca Coin (MOCA)<\/strong>, <strong>Fartcoin (FARTCOIN)<\/strong>, and <strong>Virtuals Protocol (VIRTUAL)<\/strong>. On the other hand, <strong>Metars Genesis (MRS)<\/strong>, <strong>Galxe (GAL)<\/strong>, and <strong>DeXe (DEXE)<\/strong> lead the <strong>losers&#8217; list<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Liquidation_Map\"><\/span>Bitcoin Liquidation Map<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A look at Bitcoin\u2019s <strong>12-hour liquidation map<\/strong> reveals notable levels:<\/p>\n<ul>\n<li><strong>Upper-side liquidation:<\/strong> $44.5 million at <strong>$107,292<\/strong>.<\/li>\n<li><strong>Lower-side liquidation:<\/strong> $58.5 million at <strong>$104,106<\/strong>.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-143418 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2024\/12\/Ekran-goruntusu-2024-12-16-135145.png\" alt=\"\" width=\"1455\" height=\"551\" \/><\/p>\n<hr \/>\n<p><em>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\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the Current Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? We\u2019ve prepared key details about support and resistance levels, liquidations, the top gainers and losers, upcoming events, and more! Bitcoin Daily Key Levels BTC\/USDT has gained 0.18% in the last 24 hours and is currently trading at $104,383. Bitcoin recently rebounded<\/p>\n","protected":false},"author":28,"featured_media":33633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,657],"tags":[9531,61,10143,9776,10145,9769,10144,105,2045,2086,2451,10146,10147],"class_list":["post-33632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-en","tag-altcoin-analysis","tag-bitcoin","tag-btc-price-levels","tag-crypto-events","tag-crypto-liquidations","tag-crypto-market-trends","tag-eth-key-levels","tag-ethereum","tag-fantom","tag-multiversx","tag-pyth-network","tag-top-gainers-and-losers","tag-trending-cryptos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Latest on Bitcoin and Cryptocurrencies: December 16 - 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\/the-latest-on-bitcoin-and-cryptocurrencies-december-16\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Latest on Bitcoin and Cryptocurrencies: December 16 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"What is the Current Status of Bitcoin and Popular Altcoins? 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