{"id":34414,"date":"2021-01-07T19:26:33","date_gmt":"2021-01-07T17:26:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34414"},"modified":"2025-08-28T20:25:59","modified_gmt":"2025-08-28T17:25:59","slug":"bitcoin-price-climbs-above-39000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-climbs-above-39000\/","title":{"rendered":"Bitcoin price climbs above $39,000"},"content":{"rendered":"<p>On the evening of January 7, the price of the leading cryptocurrency breached the $39,000 level, hitting an all-time high.<!--more--><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-121435\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1.png\" alt=\"Bitcoin price rose above $39,000\" width=\"1560\" height=\"440\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1.png 1560w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1-300x85.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1-1024x289.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1-768x217.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-27-1-1536x433.png 1536w\" sizes=\"auto, (max-width: 1560px) 100vw, 1560px\" \/><br \/>\nPrices rose above $39,600 (on Bitstamp).<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Bitcoin is soaring past $39,000! <a href=\"https:\/\/t.co\/MKJohGRRiQ\">pic.twitter.com\/MKJohGRRiQ<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1347211090686570499?ref_src=twsrc%5Etfw\">January 7, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bitcoin had already breached the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-hits-new-all-time-high-above-38100\">$38,000<\/a> level a few hours earlier.<\/p>\n<p>Just over a day ago the milestone <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-breaches-35000\">$35,000<\/a> level.<\/p>\n<p>Commenting on Bitcoin&#8217;s parabolic rise, the well-known crypto blogger PlanB noted that his stock-to-flow model for Bitcoin&#8217;s price &#8216;is working as scheduled&#8217;. According to the model, Bitcoin will reach $100,000 in 2021.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Stock-to-Flow model on track .. like clockwork\ud83d\ude80 <a href=\"https:\/\/t.co\/x7o8mwbzj7\">pic.twitter.com\/x7o8mwbzj7<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1347170578495635456?ref_src=twsrc%5Etfw\">January 7, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to CoinGecko, Bitcoin&#8217;s price over the last 24 hours rose by 12.5%. Against this backdrop, Ethereum&#8217;s price managed to rise again firmly above $1,200. Among leading digital assets, Ripple&#8217;s XRP token rose the most \u2014 more than 46%.<\/p>\n<div id=\"attachment_121440\" style=\"width: 1254px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-121440\" class=\"wp-image-121440 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-13.png\" alt=\"Bitcoin price rose above $39,000\" width=\"1244\" height=\"340\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-13.png 1244w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-13-300x82.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-13-1024x280.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-13-768x210.png 768w\" sizes=\"auto, (max-width: 1244px) 100vw, 1244px\" \/><\/p>\n<p id=\"caption-attachment-121440\" class=\"wp-caption-text\">Data: CoinGecko.<\/p>\n<\/div>\n<p>\u0422\u0440\u0435\u0439\u0434\u0435\u0440 \u041c\u0438\u043a\u0430\u044d\u043b\u044c \u0432\u0430\u043d \u0434\u0435 \u041f\u043e\u043f\u043f\u0435 hinted at a possible &#8216;altcoin season&#8217;, akin to the start of 2018.<\/p>\n<blockquote>\n<p>&#8216;Imagine the moves of altcoins when Bitcoin is already twice the 2017 peak,&#8217; he wrote.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Imagine the moves on altcoins when <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> is already 2x previous ATH in 2017.<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1347220537806884865?ref_src=twsrc%5Etfw\">January 7, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Coin Metrics, Ethereum&#8217;s market capitalization reached a new all-time high, even though the price of the cryptocurrency is still about 14% below its ATH.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> has a new Market Cap ATH, despite the price of <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> still sitting ~14% below ATHs <a href=\"https:\/\/t.co\/WHeuJ3tIV3\">pic.twitter.com\/WHeuJ3tIV3<\/a><\/p>\n<p>\u2014 CoinMetrics.io (@coinmetrics) <a href=\"https:\/\/twitter.com\/coinmetrics\/status\/1347222225112461312?ref_src=twsrc%5Etfw\">January 7, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Follow ForkLog on Twitter!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the evening of January 7, the price of the leading cryptocurrency breached the $39,000 level, updating an all-time high.<\/p>\n","protected":false},"author":1,"featured_media":34415,"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-34414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34414","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=34414"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34414\/revisions"}],"predecessor-version":[{"id":34416,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34414\/revisions\/34416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34415"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}