{"id":18155,"date":"2024-10-29T09:45:55","date_gmt":"2024-10-29T07:45:55","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-surpasses-72000\/"},"modified":"2024-10-29T09:45:55","modified_gmt":"2024-10-29T07:45:55","slug":"bitcoin-surpasses-72000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-surpasses-72000\/","title":{"rendered":"Bitcoin Surpasses $72,000"},"content":{"rendered":"<p>On the morning of October 29, the price of the leading cryptocurrency rose above $71,000.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">October 29, 2024 | 18:08<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price of Bitcoin exceeded $72,400. <\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.tradingview.com\/x\/uyFLsVMv\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"517\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/btcusdt_1h-1024x517.png\" alt=\"btcusdt_1h\" class=\"wp-image-244144\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/btcusdt_1h-1024x517.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusdt_1h-300x151.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusdt_1h-768x388.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/btcusdt_1h.png 1046w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/x\/uyFLsVMv\" title=\"TradingView\">TradingView<\/a>. <\/figcaption><\/figure>\n<\/div>\n<p>At the time of writing, Bitcoin is trading around $71,200. Over the past 24 hours, the asset has appreciated by 4.7%, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"617\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2024-10-29_09-07-16-1024x617.png\" alt=\"BTCUSDT_2024-10-29_09-07-16\" class=\"wp-image-244074\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2024-10-29_09-07-16-1024x617.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2024-10-29_09-07-16-300x181.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2024-10-29_09-07-16-768x462.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2024-10-29_09-07-16.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>All top-10 cryptocurrencies by market capitalization showed growth amid the flagship&#8217;s upward movement. Dogecoin (DOGE) saw the most significant increase over 24 hours, rising by 15.4%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"590\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14-1024x590.jpg\" alt=\"Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14\" class=\"wp-image-244075\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14-1024x590.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14-300x173.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14-768x443.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-14.jpg 1147w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinGecko.<\/figcaption><\/figure>\n<p>The total market capitalization increased to $2.51 trillion. BTC&#8217;s dominance index stands at 56%, while ETH&#8217;s is 12.6%.<\/p>\n<p>Technical analyst Peter Brandt suggested that the digital gold&#8217;s chart has completed a &#8220;broadening inverted triangle&#8221; pattern formed over the past five months.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">B I T C O I N <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a><br \/>The 5-month inverted expanding triangle has now been completed<br \/>Follow through will be important<br \/>The post halving advance may have begun<br \/>The series of lower highs and lower lows since March has come to an end <a href=\"https:\/\/t.co\/lth9fLv0yt\">pic.twitter.com\/lth9fLv0yt<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1851092865188769796?ref_src=twsrc%5Etfw\">October 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The post-halving advance may have begun. The series of lower highs and lower lows since March has come to an end,&#8221; the expert suggested.<\/p>\n<\/blockquote>\n<p>Earlier, analysts at Bernstein linked Bitcoin&#8217;s October rally to the increasing chances of Donald Trump winning the US presidential election. The firm&#8217;s specialists reiterated their forecast of a $200,000 price by the end of 2025, calling it &#8220;conservative.&#8221;<\/p>\n<p>Jeff Kendrick, head of digital asset research at Standard Chartered, stated that the leading cryptocurrency will surpass its historical high of $73,000 amid the elections.<\/p>\n<p>On October 21, Bitcoin&#8217;s price tested $69,000, but by the weekend, it had retreated to around $66,000 amid concerns over the global economic impact of Israel&#8217;s strike on Iran.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the morning of October 29, the price of the leading cryptocurrency rose above $71,000. October 29, 2024 | 18:08Update: The price of Bitcoin exceeded $72,400. Hourly BTC\/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading around $71,200. Over the past 24 hours, the asset has appreciated by 4.7%, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-18155","post","type-post","status-publish","format-standard","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\/18155","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=18155"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18155\/revisions"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}