{"id":7855,"date":"2023-12-08T07:15:45","date_gmt":"2023-12-08T07:15:45","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=7855"},"modified":"2023-12-08T07:12:29","modified_gmt":"2023-12-08T07:12:29","slug":"current-status-of-bitcoin-and-cryptocurrencies-december-8th","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/current-status-of-bitcoin-and-cryptocurrencies-december-8th\/","title":{"rendered":"Current Status of Bitcoin and Cryptocurrencies! \u2013 December 8th"},"content":{"rendered":"<p>As you start the new day, how are the<strong> prices of Bitcoin and popular altcoins?<\/strong> Is the uptrend continuing? Here are BTC and ETH prices!<\/p>\n<p>Although Bitcoin has closed daily candle structures in red for the last two days, we observe an increased interest in Ethereum and other altcoins. If this trend continues, altcoins may experience stronger uptrends during this period. However, it is important for Bitcoin not to experience sharp declines and for its dominance to be in a downtrend. Otherwise, the positive process can suddenly turn in a negative direction.<\/p>\n<p>\u2023<strong> Bitcoin (BTC):<\/strong> BTC\/USD pair is currently trading at $43,513 with a 0.50% increase. Resistance levels for BTC are in the range of $44,600 &#8211; $47,400, and support levels are in the range of $43,100 &#8211; $42,200.<\/p>\n<p>\u2023 <strong>Ethereum (ETH):<\/strong> ETH\/USDT pair is currently trading at $2,382 with a 1.09% increase. Resistance levels for ETH are in the range of $2,467 &#8211; $2,606, and support levels are in the range of $2,353 &#8211; $2,264.<\/p>\n<p>\u2023 <strong>Optimism (OP):<\/strong> OP\/USD pair is currently trading at $2.16 with a 0.33% decrease. Resistance levels for OP are in the range of $2.19 &#8211; $2.30, and support levels are in the range of $2.12 &#8211; $2.06.<\/p>\n<p>\u2023 <strong>High (HIGH):<\/strong> HIGH\/USD pair is currently trading at $1.95 with a 24.68% increase. Resistance levels for HIGH are in the range of $2.20 &#8211; $2.51, and support levels are in the range of $1.95 &#8211; $1.71.<\/p>\n<p>\u2023 <strong>PIVX (PIVX):<\/strong> PIVX\/USD pair is currently trading at $0.39 with a 12.40% increase. Resistance levels for PIVX are in the range of $0.43 &#8211; $0.45, and support levels are in the range of $0.37 &#8211; $0.35.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Feel free to share your thoughts on the topic in the comments. Besides, don\u2019t forget to follow us on\u00a0<\/em><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineer\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong><\/a>,\u00a0<em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/CoinEngineer\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>, and\u00a0<\/em><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\u00a0for more analysis and updates.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>As you start the new day, how are the prices of Bitcoin and popular altcoins? Is the uptrend continuing? Here are BTC and ETH prices! Although Bitcoin has closed daily candle structures in red for the last two days, we observe an increased interest in Ethereum and other altcoins. If this trend continues, altcoins may<\/p>\n","protected":false},"author":13,"featured_media":7857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,7],"tags":[563,61,2854,2853,105],"class_list":["post-7855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-market-analysis","tag-altcoins","tag-bitcoin","tag-bitcoin-and-cryptocurrencies","tag-current-status-of-bitcoin-and-cryptocurrencies-december-8th","tag-ethereum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Current Status of Bitcoin and Cryptocurrencies! \u2013 December 8th - Coin Engineer<\/title>\n<meta name=\"description\" content=\"As you start the new day, how are the prices of Bitcoin and popular altcoins? Is the uptrend continuing? 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