{"id":16770,"date":"2024-09-06T19:44:43","date_gmt":"2024-09-06T16:44:43","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-price-drops-to-54000\/"},"modified":"2024-09-06T19:44:43","modified_gmt":"2024-09-06T16:44:43","slug":"bitcoin-price-drops-to-54000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-drops-to-54000\/","title":{"rendered":"Bitcoin Price Drops to $54,000"},"content":{"rendered":"<p>On September 6, around 13:00 (Kyiv\/Moscow time), the price of the leading cryptocurrency began to decline, plummeting from $56,000 to $54,000\u2014a drop of 3.5%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcHFU_1p8o-vMH1ZcFwlTAQVhxeEzBjaUZ_z0sw5jHY9r67UlqNcmnmwzjr7EVtVM9-xwegQ-VgGj9-LRUzeZFWcFy8NZ3O1F6tvRMzWLVMnHYRCNxn1UvoSO69F5bfpRNEzHq-uveN-vvMJQbv9xELK4kv?key=GrDnLcjgZlGhSJBOmSwBgg\" alt=\"Bitcoin Price Drops to $54,000\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart from Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Bitcoin&#8217;s decline dragged other top-10 digital assets by market capitalization into the &#8220;red zone.&#8221; Ethereum fell to $2270, a 4% decrease over the day.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdnlWq5PJanVEApXEeoMgOBZGTfFwWhbY3uJpzYU4L9uCy4OxXY1755iXkGDc_RIhG9a2AvE_a16qt-TZ3FyKEajFvPjOCeHMtDQYA2V1o1LdHoaZwcCV7wSuTowHNjmJjGY5Dj1H4dunVgLFXR0iJsN7A?key=GrDnLcjgZlGhSJBOmSwBgg\" alt=\"Bitcoin Price Drops to $54,000\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>, the liquidation volume over the past 24 hours reached $163.8 million, with the majority ($127.4 million) being long positions.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcaU2dtDcgtWK4NDU0uQA3pQCfosGVWPHOFtLpV_VaYKpkb_6aoyACWPiIDBnoGV9qZt7NOdb1oo2fATNmtloYcBrcdWgSCLGSxJM8Cny4T2Tv1K12CONiUNNWRqSyzlFTRrhPLGNwyQRKt_IkCfJY7T4Rh?key=GrDnLcjgZlGhSJBOmSwBgg\" alt=\"Bitcoin Price Drops to $54,000\"\/><figcaption class=\"wp-element-caption\">Liquidation map. Data: Coinglass.<\/figcaption><\/figure>\n<p>The main downturn in the crypto market occurred alongside a decline in S&#038;P 500 quotes. Since the opening of today&#8217;s trading session, the index has fallen by 1.62%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXekaLL5f4p-8-QXh9hnQVJL2-pZ-ZflMHFo8g6vdABjbB6l5sKsMKHxPYxtzOUkXl2Cuf_sqnseNigm9Lwd359huAe3jCAR0UsOrCdEqRjMYJERsC-JKFfKG0qgVePQDcgP6XWkcUciE_U6RHhqXtbJCfRK?key=GrDnLcjgZlGhSJBOmSwBgg\" alt=\"Bitcoin Price Drops to $54,000\"\/><figcaption class=\"wp-element-caption\">S&#038;P 500 Index. Data: <a href=\"https:\/\/www.marketwatch.com\/investing\/index\/spx\">MarketWatch<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Bitfinex suggested the possibility of the leading cryptocurrency&#8217;s price falling to $40,000.<\/p>\n<p>Former BitMEX CEO Arthur Hayes speculated that Bitcoin&#8217;s correction could continue to $50,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 6, around 13:00 (Kyiv\/Moscow time), the price of the leading cryptocurrency began to decline, plummeting from $56,000 to $54,000\u2014a drop of 3.5%. 15-minute BTC\/USDT chart from Binance. Data: TradingView. Bitcoin&#8217;s decline dragged other top-10 digital assets by market capitalization into the &#8220;red zone.&#8221; Ethereum fell to $2270, a 4% decrease over the day. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16769,"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":[480,1145],"class_list":["post-16770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16770","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=16770"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16769"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}