{"id":33495,"date":"2020-12-16T16:48:53","date_gmt":"2020-12-16T14:48:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33495"},"modified":"2025-08-28T14:05:35","modified_gmt":"2025-08-28T11:05:35","slug":"bitcoin-clears-20000-for-the-first-time","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-clears-20000-for-the-first-time\/","title":{"rendered":"Bitcoin clears $20,000 for the first time"},"content":{"rendered":"<p>On Wednesday, December 16, the price of the first cryptocurrency rose above $20,000 for the first time.<!--more--><\/p>\n<p>On the Bitstamp exchange, quotes at one point rose to $20,440, and shortly after reached $20,800.<\/p>\n<div id=\"attachment_119708\" style=\"width: 1444px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-119708\" class=\"size-full wp-image-119708\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-16-1.png\" alt=\"Bitcoin breaks the $20,000 milestone\" width=\"1434\" height=\"938\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-16-1.png 1434w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-16-1-300x196.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-16-1-1024x670.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-16-1-768x502.png 768w\" sizes=\"auto, (max-width: 1434px) 100vw, 1434px\" \/><\/p>\n<p id=\"caption-attachment-119708\" class=\"wp-caption-text\">BTC\/USD chart for Bitstamp from TradingView.<\/p>\n<\/div>\n<p>Exactly a week ago, the price of Bitcoin <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-slips-to-december-low-around-18000\">fell to December&#8217;s low<\/a> around $18,000. By the end of the week, quotes had risen above $19,000, after which a new all-time high was reached.<\/p>\n<p>In the last 24 hours, the price of the first cryptocurrency rose by 5%, with a weekly gain of more than 10%.<\/p>\n<p>Bitcoin&#8217;s market capitalization at the time of writing stood at $376.9 billion, with a 63.3% dominance of the broader market.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"QoEQiGosVo\">\n<p>Ruffer Investment confirmed the purchase of Bitcoin for $744 million<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"Ruffer Investment confirmed the purchase of Bitcoin for $744 million \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/news\/ruffer-investment-podtverdila-pokupku-bitkoina-na-744-mln\/embed#?secret=p2YMFDi7vT#?secret=QoEQiGosVo\" data-secret=\"QoEQiGosVo\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Altcoins also showed strength. The price of Ethereum, the second-largest by market capitalization, rose to $628 at one point. This was aided by news that the Chicago Mercantile Exchange (CME) will launch Ethereum futures trading in February 2021.<\/p>\n<div id=\"attachment_119706\" style=\"width: 1444px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-119706\" class=\"size-full wp-image-119706\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-12-16-1.png\" alt=\"Bitcoin breaks the $20,000 milestone\" width=\"1434\" height=\"938\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-12-16-1.png 1434w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-12-16-1-300x196.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-12-16-1-1024x670.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/eth-2020-12-16-1-768x502.png 768w\" sizes=\"auto, (max-width: 1434px) 100vw, 1434px\" \/><\/p>\n<p id=\"caption-attachment-119706\" class=\"wp-caption-text\">ETH\/BTC chart for Bitfinex from TradingView.<\/p>\n<\/div>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, December 16, Bitcoin\u2019s price rose above the $20,000 mark for the first time.<\/p>\n","protected":false},"author":1,"featured_media":33496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-33495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33495","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=33495"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33495\/revisions"}],"predecessor-version":[{"id":33497,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33495\/revisions\/33497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33496"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}