{"id":20449,"date":"2025-01-20T10:12:52","date_gmt":"2025-01-20T08:12:52","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-tops-109000\/"},"modified":"2025-01-20T10:12:52","modified_gmt":"2025-01-20T08:12:52","slug":"bitcoin-tops-109000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tops-109000\/","title":{"rendered":"Bitcoin tops $109,000"},"content":{"rendered":"<p>On January 20, on the eve of the inauguration of US president-elect Donald Trump, bitcoin set a new all-time high above $109,000.<\/p>\n<p>On Binance, the price reached $109,588.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"616\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-01-20_10-04-31-1024x616.png\" alt=\"BTCUSDT_2025-01-20_10-04-31\" class=\"wp-image-249842\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-01-20_10-04-31-1024x616.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-01-20_10-04-31-300x180.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-01-20_10-04-31-768x462.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-01-20_10-04-31.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Over the past 24 hours, the leading cryptocurrency rose 3.4%. Major altcoins barely responded to bitcoin\u2019s rally. Ethereum was an exception, adding 3.9%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"539\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20-1024x539.jpg\" alt=\"Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20\" class=\"wp-image-249851\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20-1024x539.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20-300x158.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20-768x404.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-20.jpg 1146w\" 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>Overnight into January 20, bitcoin briefly slipped below $100,000. The sharp moves pushed crypto-market liquidations to $1.25bn.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"343\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2-1024x343.jpg\" alt=\"Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2\" class=\"wp-image-249853\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2-1024x343.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2-300x101.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2-768x257.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Liquidations-Cryptocurrency-Liquidations-Real-Time-Liquidation-Heatmap-Binance-Liquidations-CoinGlass-Google-Chrome-2.jpg 1373w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coinglass.com\/LiquidationData?amp=1\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<p>Long positions accounted for $917m. A significant share came from Donald Trump\u2019s official meme coin \u2014 $139.9m.<\/p>\n<p>Launched on January 18, the coin the previous day fell from about $73 to around $36, then recovered to roughly $60.<\/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\/TRUMPUSDT_2025-01-20_10-20-19-1024x617.png\" alt=\"TRUMPUSDT_2025-01-20_10-20-19\" class=\"wp-image-249854\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/TRUMPUSDT_2025-01-20_10-20-19-1024x617.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMPUSDT_2025-01-20_10-20-19-300x181.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMPUSDT_2025-01-20_10-20-19-768x463.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/TRUMPUSDT_2025-01-20_10-20-19.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute chart of BTC\/USDT on MEXC. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/TRUMPUSDT\/?exchange=MEXC\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>TRUMP\u2019s market capitalisation exceeds $12.3bn (<a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>). The asset ranks 21st among cryptocurrencies by market cap, ahead of market veterans such as Polkadot and Litecoin.<\/p>\n<p>The well-known trader under the moniker Gordon said on January 19 that he had opened a $500,000 short position in TRUMP. If the meme coin fell to $55, the amount would turn into $2.7m.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The key to making money is not being emotionally invested, and not getting caught up with the euphoria.<\/p>\n<p>Being greedy when others are fearful, and fearful when others are greedy never fails. <\/p>\n<p>That\u2019s why I\u2019m consistently making big money on shorts and finding 100X meme coins ? <a href=\"https:\/\/t.co\/3X9N9WUuvg\">https:\/\/t.co\/3X9N9WUuvg<\/a><\/p>\n<p>\u2014 Gordon (@AltcoinGordon) <a href=\"https:\/\/twitter.com\/AltcoinGordon\/status\/1881230686000214168?ref_src=twsrc%5Etfw\">January 20, 2025<\/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>\u201cThe key to making money is not to invest in emotions and not to succumb to euphoria. Being greedy when others are fearful, and fearful when others are greedy. That never fails,\u201d he commented on the successful trade.<\/p>\n<\/blockquote>\n<p>According to Bloomberg, Trump intends to <a href=\"https:\/\/u1f987.com\/en\/news\/trump-to-designate-cryptocurrency-a-national-priority-reports-say\">make<\/a> cryptocurrencies a national priority for the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 20, on the eve of the inauguration of US president-elect Donald Trump, bitcoin set a new all-time high above $109,000. On Binance, the price reached $109,588. 15-minute chart of BTC\/USDT on Binance. Data: TradingView. Over the past 24 hours, the leading cryptocurrency rose 3.4%. Major altcoins barely responded to bitcoin\u2019s rally. Ethereum was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20448,"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-20449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20449","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=20449"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20448"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}