{"id":16958,"date":"2024-09-13T19:41:57","date_gmt":"2024-09-13T16:41:57","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-nears-60000-amid-market-rally\/"},"modified":"2024-09-13T19:41:57","modified_gmt":"2024-09-13T16:41:57","slug":"bitcoin-nears-60000-amid-market-rally","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-nears-60000-amid-market-rally\/","title":{"rendered":"Bitcoin Nears $60,000 Amid Market Rally"},"content":{"rendered":"

Around 18:00 (Kyiv\/MSK), the leading cryptocurrency experienced a rapid surge, approaching $60,000. Over the past 24 hours, the asset appreciated by 3.2%.<\/p>\n

\"\u041a\u0443\u0440\u0441
15-minute BTC\/USDT chart on Binance. Data: TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n

At the time of writing, Bitcoin is trading around $59,600 with a market capitalization of $1.17 trillion. These figures have returned to levels seen at the end of August.\u00a0\u00a0<\/p>\n

Other top-10 cryptocurrencies by market capitalization also entered the “green zone.” Ethereum rose by 3.3%, surpassing $2,400.\u00a0<\/p>\n

\"\u041a\u0443\u0440\u0441
Data: CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n

According to Coinglass<\/a>, the past 24 hours saw liquidations amounting to $109.5 million, with the majority ($87 million) in short positions.\u00a0<\/p>\n

\"\u041a\u0443\u0440\u0441
Liquidation map. Data: Coinglass.\u00a0<\/figcaption><\/figure>\n

TON gained 6.2% and re-entered the top ten largest crypto assets. DOGE increased by 6.4%.\u00a0<\/p>\n

The positive trend in Bitcoin coincided with a rise in the stock market. Since the opening of today’s session, the S&P 500 index has increased by 0.47%.\u00a0<\/p>\n

\"5622.03\"
S&P 500 Index. Data: MarketWatch<\/a>.<\/figcaption><\/figure>\n

Economist Steve Hanke suggested a “sell the news” scenario following the U.S. Federal Reserve meeting. In his view, a potential 25 basis point rate cut is already priced in by the market.\u00a0<\/p>\n

Standard Chartered concluded that Bitcoin could reach a new record by the end of the year, regardless of the outcome of the U.S. presidential elections.<\/p>\n","protected":false},"excerpt":{"rendered":"

Around 18:00 (Kyiv\/MSK), the leading cryptocurrency experienced a rapid surge, approaching $60,000. Over the past 24 hours, the asset appreciated by 3.2%. 15-minute BTC\/USDT chart on Binance. Data: TradingView.\u00a0 At the time of writing, Bitcoin is trading around $59,600 with a market capitalization of $1.17 trillion. These figures have returned to levels seen at the […]<\/p>\n","protected":false},"author":1,"featured_media":16957,"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-16958","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":"10","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16958","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=16958"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16957"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}