{"id":16774,"date":"2024-09-07T11:06:41","date_gmt":"2024-09-07T08:06:41","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-dips-below-53000-amid-market-volatility\/"},"modified":"2024-09-07T11:06:41","modified_gmt":"2024-09-07T08:06:41","slug":"bitcoin-dips-below-53000-amid-market-volatility","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-dips-below-53000-amid-market-volatility\/","title":{"rendered":"Bitcoin Dips Below $53,000 Amid Market Volatility"},"content":{"rendered":"<p>In the early hours of Saturday, September 7, the price of the leading cryptocurrency briefly fell below the $53,000 mark.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-1024x640.png\" alt=\"Snimok-ekrana-2024-09-07-v-09.51.08\" class=\"wp-image-240619\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.51.08-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data:\u00a0<a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\" title=\"\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the digital asset had recovered to $54,300, marking a 3.8% loss over the past 24 hours.<\/p>\n<p>Most digital assets in the top 10 by market capitalization followed Bitcoin into the &#8220;red zone.&#8221; Dogecoin and Ethereum were hit hardest, losing 5.6% and 4.4%, respectively.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"588\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-1024x588.png\" alt=\"Snimok-ekrana-2024-09-52.46\" class=\"wp-image-240620\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-1024x588.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-300x172.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-768x441.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-1536x882.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.52.46-2048x1176.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The total market capitalization of digital assets stands at $2 trillion, with Bitcoin&#8217;s dominance index at 57%.<\/p>\n<p>According to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>, the total volume of liquidated positions over the past day amounted to $315 million, with $219 million in long positions.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"350\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-1024x350.png\" alt=\"Snimok-ekrana-2024-09-07-v-09.56.13\" class=\"wp-image-240621\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-1024x350.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-300x102.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-768x262.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-1536x524.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.56.13-2048x699.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Liquidation map. Data: Coinglass.<\/figcaption><\/figure>\n<p>The Fear and Greed Index has dropped to <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">23<\/a>, indicating rising panic in the market.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"458\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25-1024x458.png\" alt=\"Snimok-ekrana-2024-09-07-v-09.58.25\" class=\"wp-image-240622\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25-1024x458.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25-300x134.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25-768x344.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25-1536x688.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-07-v-09.58.25.png 1568w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Fear and Greed Index. Data: Alternative.<\/figcaption><\/figure>\n<p>Earlier, on September 4, Bitcoin&#8217;s price briefly fell below $56,000. By September 6, it had dropped to $54,000.<\/p>\n<p>Former BitMEX CEO Arthur Hayes suggested the correction of the digital asset could continue to $50,000. Other experts remain divided on Bitcoin&#8217;s prospects for September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the early hours of Saturday, September 7, the price of the leading cryptocurrency briefly fell below the $53,000 mark. Hourly chart of BTC\/USDT on Binance. Data:\u00a0TradingView. At the time of writing, the digital asset had recovered to $54,300, marking a 3.8% loss over the past 24 hours. Most digital assets in the top 10 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16773,"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-16774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16774","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=16774"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16773"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}