{"id":34256,"date":"2020-12-30T23:55:40","date_gmt":"2020-12-30T21:55:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34256"},"modified":"2025-08-28T17:47:44","modified_gmt":"2025-08-28T14:47:44","slug":"bitcoin-price-surpasses-29000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-surpasses-29000\/","title":{"rendered":"Bitcoin price surpasses $29,000"},"content":{"rendered":"<p>Bitcoin, the leading cryptocurrency by market cap, for the second time in a day touched a fresh high, rising above $29,000.<!--more--><\/p>\n<p>Earlier on Wednesday, December 30, the price <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-hits-fresh-all-time-high-above-28500\">surpassed $28,500<\/a>, after which it retraced to around $27,300.<\/p>\n<p>In under 12 hours, buyers recovered the losses, pushing the prices to fresh highs. At one point the price rose to $29,010, before retreating again.<\/p>\n<div id=\\\"attachment_121162\\\" style=\\\"width: 1444px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-121162\\\" class=\\\"size-full wp-image-121162\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-30-03.png\\\" alt=\\\"Bitcoin price surpasses $29,000\\\" width=\\\"1434\\\" height=\\\"938\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-30-03.png 1434w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-30-03-300x196.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-30-03-1024x670.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/btc-2020-12-30-03-768x502.png 768w\\\" sizes=\\\"auto, (max-width: 1434px) 100vw, 1434px\\\" \/><\/p>\n<p id=\\\"caption-attachment-121162\\\" class=\\\"wp-caption-text\\\">BTC\/USD chart. Data: TradingView.<\/p>\n<\/div>\n<p>The catalyst for the latest surge could be several developments, including <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-submits-new-filing-to-launch-bitcoin-etf\">the filing of a new Bitcoin ETF application in the United States by VanEck<\/a>.<\/p>\n<p>Also today it emerged that the Hong Kong-based <a href=\"https:\/\/u1f987.com\/en\/news\/hong-kongs-greenpro-capital-to-invest-100-million-in-bitcoin\">GreenPro Capital is investing $100 million in Bitcoin<\/a>.<\/p>\n<p>Some analysts say that <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-retail-investors-contributed-as-much-as-institutions-to-bitcoins-40-december-rally\">retail investors<\/a> also contributed no less to December&#8217;s rally.<\/p>\n<p>Subscribe to Forklog&#8217;s news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin, the leading cryptocurrency by market cap, for the second time in a day touched a fresh high, rising above $29,000.<\/p>\n","protected":false},"author":1,"featured_media":34257,"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-34256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34256","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=34256"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34256\/revisions"}],"predecessor-version":[{"id":34258,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34256\/revisions\/34258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34257"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}