{"id":17793,"date":"2024-10-15T17:04:45","date_gmt":"2024-10-15T14:04:45","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-approaches-68000\/"},"modified":"2024-10-15T17:04:45","modified_gmt":"2024-10-15T14:04:45","slug":"bitcoin-approaches-68000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-approaches-68000\/","title":{"rendered":"Bitcoin Approaches $68,000"},"content":{"rendered":"<p>On October 15, Bitcoin surged past $67,000, momentarily reaching $67,950. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcHbfdcs_XXFNCc-6pF_yoTPaYeOX2YxNPo71AIVZeeeGApqqHUGNuIGRQSAMPWSzvqGBz6ZdbyqLWLZ7vsChUK0WaShuKnLT7ouEObldTl7VMCGKj2HEOvHxErk7DphLbMrtDnbN0n_KgP-MAdbEbdUXUg?key=MVDRkplRwzV4ilFLvt44nA\" alt=\"Bitcoin Approaches $68,000\"\/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">October 15, 2024 | 17:43<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>after reaching $67,950, Bitcoin began to decline, falling below $66,000. At one point, the cryptocurrency dropped to $65,150. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcPiA9Qz0i2aALli0d0wuonWmh6QI8ItLNmLwOhwRhUe3-FnDFIHSaybP8xEI2cFiZ6NTEbvxqvy1tThhWSqtSsP6zrf1MpPDvjV7S0xDLDYcWpiWtkP7i-mWl7QeHY7PktE0XvjVvoWKF0fZZFn10P_H5e?key=hTciZB_GSTUKOM6KHuItGA\" alt=\"Bitcoin Approaches $68,000\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/x\/XvDKNSWn\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>The price increase was accompanied by a rise in trading volume. The top 10 crypto assets showed moderate growth. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcGBsHAxqu-A7pWj3U3aISBDnjBAzZmDjBjZvLdE1jnCMc0rWGSMgVcqGOxFVCufFqMQS4teRHPB9rajZDsLO1PK-0dQSaIzQ1edawyXFYWhESzBDxsl63beeqpzsxrajmgDjJlrKNlPnl_YYXY92MDMp_k?key=w4Ed4KhmZB7MngMOqIHPbQ\" alt=\"Bitcoin Approaches $68,000\"\/><figcaption class=\"wp-element-caption\">Data: CoinGecko.<\/figcaption><\/figure>\n<p>The total market capitalization increased by 2.7% to $2.446 trillion. The dominance index for BTC is 54.6%, and for ETH, it is 13.2%.<\/p>\n<p>Technical analyst Ali Martinez noted the formation of a new higher high on the chart, indicating the end of a local downtrend.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Looks like a higher high: <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/qlTEk0Cem7\">pic.twitter.com\/qlTEk0Cem7<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1846186722410856737?ref_src=twsrc%5Etfw\">October 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts at CryptoQuant recorded a sharp increase in demand for Bitcoin. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">There has been a spike in <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> demand, growing at the fastest monthly pace since April 2024. <a href=\"https:\/\/t.co\/gps0pwgVvH\">pic.twitter.com\/gps0pwgVvH<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1845854818717343806?ref_src=twsrc%5Etfw\">October 14, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Fear and Greed Index indicates investor optimism, standing at 65.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfAV1lHz3yKAJJwZnQddIZHVLZ8gQuYKYkC5KEOz_iQR4KitT6lXFIOSgJBbSTJLrDIJSuwNRpgS7hZsBq2dmc79mizsfI8dMIqreyounofZRmYnQIrDewmf6yZIefs_k8w7ge7RkwCfCLO0-ZKZpYB9Ms_?key=w4Ed4KhmZB7MngMOqIHPbQ\" alt=\"Bitcoin Approaches $68,000\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/bitstat.top\/fear_greed.php\">Bitstat<\/a>.<\/figcaption><\/figure>\n<p>The volume of liquidated margin positions in the last 24 hours amounted to $266 million, with $170 million in sales. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcE11QW0QoBSgF7zBmCCpIpRrpztEETkxke60ewxxHbzwhCaS7LAW9PmXWo0iqfaTYlQrnaZ1yCqN1WtiIIXUKXGR8d1EQiv5G7V91xvKlJ4HC8bscNPYkz8fHcP4V4IVDg-_o2ISqoNmMqtaCcv9wYx1c?key=w4Ed4KhmZB7MngMOqIHPbQ\" alt=\"Bitcoin Approaches $68,000\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coinglass.com\/ru\/LiquidationData\">Coinglass<\/a>.<\/figcaption><\/figure>\n<p>Bernstein has linked the Bitcoin rally to the increasing chances of a Trump victory. Standard Chartered noted the potential for Bitcoin to return to its <span data-descr=\"All Time High \u2014 absolute historical maximum\" class=\"old_tooltip\">ATH<\/span> before the US elections.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 15, Bitcoin surged past $67,000, momentarily reaching $67,950. Hourly BTC\/USDT chart on Binance. Data: TradingView. October 15, 2024 | 17:43Update: after reaching $67,950, Bitcoin began to decline, falling below $66,000. At one point, the cryptocurrency dropped to $65,150. 15-minute BTC\/USDT chart on Binance. Data: TradingView. The price increase was accompanied by a rise [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17792,"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-17793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"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\/17793","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=17793"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17792"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}