{"id":16366,"date":"2024-08-24T11:08:07","date_gmt":"2024-08-24T08:08:07","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-nears-65000-mark\/"},"modified":"2024-08-24T11:08:07","modified_gmt":"2024-08-24T08:08:07","slug":"bitcoin-nears-65000-mark","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-nears-65000-mark\/","title":{"rendered":"Bitcoin Nears $65,000 Mark"},"content":{"rendered":"

In the early hours of Saturday, August 24, the price of the leading cryptocurrency surpassed $64,000. At one point, digital gold approached $65,000 but did not breach the psychological threshold.<\/p>\n

\"Snimok-ekrana-2024-08-24-v-10.47.58\"
Hourly BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

At the time of writing, Bitcoin is trading at $64,200, having gained 5.2% over the past 24 hours.<\/p>\n

The second-largest cryptocurrency by market capitalization surpassed $2700 for the first time since August 14, with a 24-hour increase of 3.3%.<\/p>\n

\"Snimok-ekrana-2024-08-24-v-10.50.21\"
Hourly ETH\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Most digital assets in the top 10 by market capitalization turned “green” following Bitcoin’s lead. Solana saw the largest gain over 24 hours, up 6.5%.<\/p>\n

\"Snimok-ekrana-2024-08-24-v-10.53.25\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The total market capitalization of digital assets stands at $2.36 trillion.<\/p>\n

According to Coinglass<\/a>, the total volume of liquidated positions over the past day amounted to $174 million, with $133 million in shorts.<\/p>\n

\"Snimok-ekrana-2024-08-24-v-10.55.43\"
Liquidation map. Data: Coinglass.<\/figcaption><\/figure>\n

The Fear and Greed Index increased to 56<\/a>, indicating a rise in bullish sentiment.<\/p>\n

\"Snimok-ekrana-2024-08-24-v-11.03.39\"
Fear and Greed Index. Data: Alternative.<\/figcaption><\/figure>\n

Analysts previously pointed to conditions for a renewed bull market. They noted that the wave of long position liquidations has subsided, suggesting Bitcoin will approach its ATH<\/span> after the U.S. elections due to an influx of liquidity.<\/p>\n

Former BitMEX CEO Arthur Hayes predicted that the leading cryptocurrency could reach $100,000 by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the early hours of Saturday, August 24, the price of the leading cryptocurrency surpassed $64,000. At one point, digital gold approached $65,000 but did not breach the psychological threshold. Hourly BTC\/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $64,200, having gained 5.2% over the past 24 hours. […]<\/p>\n","protected":false},"author":1,"featured_media":16365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-16366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16366"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16365"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}