Latest Bitcoin and Altcoin Market Update – March 8

As we head towards the weekend, the Bitcoin market remains relatively calm with low trading volumes post-decline. While slight fluctuations may occur over the next few days, making precise predictions is challenging given the current market uncertainty. Traders are advised to exercise caution during transactions.

Bitcoin (BTC): BTC/USDT is currently trading at $66,996, reflecting a 0.24% increase over the last 24 hours. Key resistance levels for BTC stand at $67,400 and $69,220, while support levels are at $63,800 and $61,600 respectively.

Ethereum (ETH): The ETH/USDT pair is priced at $3,901, marking a 0.73% increase in the past 24 hours. Resistance levels for ETH are at $3,830 and $4,105, with support levels at $3,630 and $3,527.

Rune (RUNE): The RUNE/USDT pair is currently trading at $7.50, experiencing a 7.77% decrease in the last 24 hours. Resistance levels for RUNE are identified at $9.21 and $12.40, while support levels lie at $7.52 and $5.41.

Synapse (SYN): SYN/USDT is priced at $40.80, showing a 4.87% increase over the last 24 hours. Initial resistance levels for SYN are at $1.83 and $1.99, with support levels at $1.29 and $1.07.

Theta (THETA): THETA/USDT is currently trading at $3.07, reflecting a 4.07% increase in the last 24 hours. Resistance levels for THETA stand at $3.16 and $3.37, while support levels are at $2.88 and $2.57.

In conclusion, while Bitcoin and Ethereum show slight upward trends, altcoins like RUNE, SYN, and THETA demonstrate mixed performances.

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