{"id":18453,"date":"2024-11-10T10:46:10","date_gmt":"2024-11-10T08:46:10","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-surges-to-record-high-of-81000\/"},"modified":"2024-11-10T10:46:10","modified_gmt":"2024-11-10T08:46:10","slug":"bitcoin-surges-to-record-high-of-81000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-surges-to-record-high-of-81000\/","title":{"rendered":"Bitcoin Surges to Record High of $81,000"},"content":{"rendered":"<p>On Sunday, November 10, the price of the leading cryptocurrency reached a new all-time high of $79,788.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">November 10, 2024 | 14:59<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Bitcoin briefly touched $80,000.<\/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-2024-11-10-v-14.58.56-1024x640.png\" alt=\"Snimok-ekrana-2024-11-10-v-14.58.56\" class=\"wp-image-244850\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-14.58.56-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-14.58.56-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-14.58.56-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-14.58.56-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-14.58.56-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Minute chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">November 10, 2024 | 22:46<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The leading cryptocurrency briefly surpassed $81,000.<\/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-2024-11-10-v-22.42.13-1024x640.png\" alt=\"Snimok-ekrana-2024-11-10-v-22.42.13\" class=\"wp-image-244867\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-22.42.13-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-22.42.13-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-22.42.13-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-22.42.13-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-22.42.13-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<\/div>\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-2024-11-10-v-10.34.17-1024x640.png\" alt=\"Snimok-ekrana-2024-11-10-v-10.34.17\" class=\"wp-image-244829\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.34.17-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.34.17-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.34.17-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.34.17-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.34.17-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, Bitcoin is trading at $78,900.<\/p>\n<p>Following the leading cryptocurrency, other digital assets in the top 10 by market capitalization also continued to rise. Cardano (+32.1%) and Dogecoin (+10.4%) saw the largest gains over the day.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"591\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-1024x591.png\" alt=\"Snimok-ekrana-2024-11-10-v-10.35.15\" class=\"wp-image-244830\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-1024x591.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-300x173.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-768x444.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-1536x887.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.35.15-2048x1183.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 $2.83 trillion. Bitcoin&#8217;s dominance index is 58.9%.<\/p>\n<p>According to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>, the total volume of liquidated positions over the day amounted to $385 million, with $280 million in shorts.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"347\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-1024x347.png\" alt=\"Snimok-ekrana-2024-11-10-v-10.38.48\" class=\"wp-image-244831\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-1024x347.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-300x102.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-768x260.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-1536x521.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-11-10-v-10.38.48-2048x695.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Liquidation map. Data: Coinglass.<\/figcaption><\/figure>\n<p>Early Bitcoin advocate Tuur Demeester urged investors to refrain from impulsive decisions.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">$79k bitcoin, new ATH. Steady folks, this is just the beginning. This is a time for being right and sitting tight. No rash action is needed, HODLing does the work for you. <a href=\"https:\/\/t.co\/SWBCrQovOu\">pic.twitter.com\/SWBCrQovOu<\/a><\/p>\n<p>\u2014 Tuur Demeester (@TuurDemeester) <a href=\"https:\/\/twitter.com\/TuurDemeester\/status\/1855475844367413564?ref_src=twsrc%5Etfw\">November 10, 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\"><p>\n<cite>\u201cBitcoin at $79,000, <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span>. Attention, folks, this is just the beginning. This is a time to be right and sit tight. No need for hasty actions, HODL does the work for you,\u201d he wrote.<\/cite><\/p><\/blockquote>\n<p>Checkmate shared bullish sentiments. According to him, despite new highs for the leading cryptocurrency, the distance between the price and the 200 <span data-descr=\"day moving average\" class=\"old_tooltip\">DMA<\/span> is still \u201ccooled off.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Even with these fresh <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> ATHs, the distance between price and the 200DMA is still cooled off.<\/p>\n<p>The Mayer Multiple Z-Score is only just above 0, meaning we\u2019re near the long-term average (with plenty of room to run).<\/p>\n<p>Love to see it. <a href=\"https:\/\/t.co\/vdj5IEAfO6\">pic.twitter.com\/vdj5IEAfO6<\/a><\/p>\n<p>\u2014 _Checkmate ??\u26a1\u2622\ufe0f?\ufe0f (@_Checkmatey_) <a href=\"https:\/\/twitter.com\/_Checkmatey_\/status\/1855485745294901310?ref_src=twsrc%5Etfw\">November 10, 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\"><p>\n<cite>\u201cThe Mayer Multiple Z-Score is only slightly above zero, meaning we are close to the long-term average (with plenty of room to grow). I love to see it,\u201d he wrote.<\/cite><\/p><\/blockquote>\n<p>On Wednesday, November 6, the price of the leading cryptocurrency reached a new all-time high of $75,000. The following day, digital gold held above $76,000 amid another rate cut by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span>.<\/p>\n<p>On November 9, Bitcoin once again broke its ATH above $77,000.<\/p>\n<p>Previously, Fundstrat co-founder Tom Lee predicted that the leading cryptocurrency would rise above $100,000 by the end of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Sunday, November 10, the price of the leading cryptocurrency reached a new all-time high of $79,788. November 10, 2024 | 14:59Update: Bitcoin briefly touched $80,000. Minute chart of BTC\/USDT on Binance. Data: TradingView. November 10, 2024 | 22:46Update: The leading cryptocurrency briefly surpassed $81,000. Hourly chart of BTC\/USDT on Binance. Data: TradingView. Hourly chart [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18452,"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-18453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18453","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=18453"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18452"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}