{"id":8044,"date":"2023-12-12T08:35:42","date_gmt":"2023-12-12T08:35:42","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=8044"},"modified":"2023-12-12T08:35:42","modified_gmt":"2023-12-12T08:35:42","slug":"current-situation-in-bitcoin-and-cryptocurrencies-december-12","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/current-situation-in-bitcoin-and-cryptocurrencies-december-12\/","title":{"rendered":"Current Situation in Bitcoin and Cryptocurrencies! – December 12"},"content":{"rendered":"
As the new day begins, let’s take a look at the prices of Bitcoin and popular altcoins. Is the upward trend continuing? Here are the BTC and ETH prices!<\/div>\n
<\/div>\n
Although the sharp red candles in Bitcoin yesterday made the market a bit uneasy, major altcoins continued their ascent unaffected by this drop. In an environment where the direction is not entirely clear, and especially with the announcement of U.S. inflation at 16:30 today, as mentioned on our Twitter account, you should avoid taking too many trades.<\/div>\n
<\/div>\n
\u2023 Bitcoin (BTC):<\/strong> <\/em>The BTC\/USD pair is currently trading at $41,644 with a 0.93% increase as of the time of writing. Resistance levels for BTC are in the range of $42,027 – $42,350, and support levels are in the range of $41,600 – $40,800.<\/div>\n
<\/div>\n
\u2023 Ethereum (ETH):<\/strong> <\/em>The ETH\/USDT pair is currently trading at $2,229 with a 0.19% increase as of the time of writing. Resistance levels for ETH are in the range of $2,252 – $2,294, and support levels are in the range of $2,187 – $2,077.<\/div>\n
<\/div>\n
\u2023 Avax (AVAX):<\/strong> <\/em>The AVAX\/USD pair is currently trading at $42.38 with an 11.37% increase as of the time of writing. Resistance levels for AVAX are in the range of $57.59 – $70.55, and support levels are in the range of $35.36 – $31.79.<\/div>\n
<\/div>\n
\u2023 Polkadot (DOT):<\/strong> <\/em>The DOT\/USD pair is currently trading at $7.01 with a 4.50% increase as of the time of writing. Resistance levels for DOT are in the range of $7.21 – $7.76, and support levels are in the range of $6.50 – $5.96.<\/div>\n
<\/div>\n
\u2023 Injective (INJ):<\/a> <\/strong><\/em>The INJ\/USD pair is currently trading at $0.2880 with a 3.46% increase as of the time of writing. Resistance levels for INJ are in the range of $33.11 – $36.29, and support levels are in the range of $22.84 – $19.61.<\/div>\n
<\/div>\n
Also, feel free to share your thoughts on the topic in the comments. Additionally, you can follow us on\u00a0Telegram<\/strong><\/a>,\u00a0YouTube<\/strong><\/a>, and\u00a0Twitter<\/strong><\/a>\u00a0for more real-time news and updates.<\/div>\n","protected":false},"excerpt":{"rendered":"

As the new day begins, let’s take a look at the prices of Bitcoin and popular altcoins. Is the upward trend continuing? Here are the BTC and ETH prices! Although the sharp red candles in Bitcoin yesterday made the market a bit uneasy, major altcoins continued their ascent unaffected by this drop. In an environment<\/p>\n","protected":false},"author":13,"featured_media":8048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,7],"tags":[2880,2916,2917,1032,2918],"class_list":["post-8044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-market-analysis","tag-altcoin-analaysis","tag-current-situation-in-bitcoin-and-cryptocurrencies-december-12","tag-december-12","tag-ethereum-analysis","tag-urrent-situation-in-bitcoin-and-cryptocurrencies"],"yoast_head":"\nCurrent Situation in Bitcoin and Cryptocurrencies! - December 12 - Coin Engineer<\/title>\n<meta name=\"description\" content=\"As the new day begins, let's take a look at the prices of Bitcoin and popular altcoins. 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