{"id":17044,"date":"2024-09-17T18:47:13","date_gmt":"2024-09-17T15:47:13","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-tests-the-61000-level\/"},"modified":"2024-09-17T18:47:13","modified_gmt":"2024-09-17T15:47:13","slug":"bitcoin-tests-the-61000-level","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tests-the-61000-level\/","title":{"rendered":"Bitcoin Tests the $61,000 Level"},"content":{"rendered":"<p>The leading cryptocurrency has resumed its upward trajectory, reaching levels last seen at the end of August.<\/p>\n<p>The digital gold has risen by 5.6% over the past 24 hours, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>. At the time of writing, the asset is attempting to consolidate at the $61,000 level.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"604\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/btcusd_4h-1024x604.png\" alt=\"btcusd_4h\" class=\"wp-image-241273\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/btcusd_4h-1024x604.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusd_4h-300x177.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusd_4h-768x453.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusd_4h.png 1028w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Four-hour BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/x\/mN0PNN5J\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Alongside Bitcoin, the rest of the market has also shown signs of life. Notably, altcoins in the top 10 have moved into the &#8220;green zone.&#8221;<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"596\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143-1024x596.png\" alt=\"Screenshot_1-143\" class=\"wp-image-241276\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143-1024x596.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143-300x175.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143-768x447.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143-1536x894.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-143.png 1558w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Top 10 crypto assets by market capitalization. Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Ethereum is slightly trailing the leader, with a 3.7% increase over the past 24 hours. The asset is trading around $2377. <\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklog\/39695\" data-width=\"100%\"><\/script><\/p>\n<p>The market has revived amid expectations of a rate cut by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span>\u2014the Federal Open Market Committee (FOMC) meeting is scheduled for September 17-18.<\/p>\n<p>At the time of writing, the total cryptocurrency market capitalization stands at $2.19 trillion, with Bitcoin&#8217;s dominance index at 54.8%, according to <a href=\"https:\/\/www.coingecko.com\/en\/global-charts\">CoinGecko<\/a>.<\/p>\n<p>Earlier, WeRate co-founder Quinten Fran\u00e7ois concluded that a restart of the bull market is possible in early October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency has resumed its upward trajectory, reaching levels last seen at the end of August. The digital gold has risen by 5.6% over the past 24 hours, according to CoinGecko. At the time of writing, the asset is attempting to consolidate at the $61,000 level. Four-hour BTC\/USDT chart on Binance. Data: TradingView. Alongside [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17043,"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-17044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"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\/17044","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=17044"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17043"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}