{"id":38929,"date":"2021-03-15T13:32:58","date_gmt":"2021-03-15T11:32:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38929"},"modified":"2025-08-30T07:05:38","modified_gmt":"2025-08-30T04:05:38","slug":"bitcoin-price-falls-to-around-55000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-falls-to-around-55000\/","title":{"rendered":"Bitcoin price falls to around $55,000"},"content":{"rendered":"<p>The first cryptocurrency fell below the $60,000 mark reached a few days ago. According to <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">CoinGecko<\/a>, over the last 24 hours bitcoin has fallen nearly 9% and, at the time of writing, trades around $55,900.<!--more--><\/p>\n<p>Trading activity spiked on the chart below amid the pullback. The price reached a local low of $54,568 on the Bitstamp exchange.<\/p>\n<div id=\\\"attachment_127996\\\" style=\\\"width: 1284px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-127996\\\" class=\\\"size-full wp-image-127996\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-22.png\\\" alt=\\\"Bitcoin price fell to $55,000\\\" width=\\\"1274\\\" height=\\\"842\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-22.png 1274w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-22-300x198.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-22-1024x677.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-22-768x508.png 768w\\\" sizes=\\\"auto, (max-width: 1274px) 100vw, 1274px\\\" \/><\/p>\n<p id=\\\"caption-attachment-127996\\\" class=\\\"wp-caption-text\\\">30-minute BTC\/USD chart from Bitstamp on TradingView.<\/p>\n<\/div>\n<p>The Block researcher Larry Cermak noted that in just half an hour there were $1 billion in liquidations.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">As always, Binance and Bybit lead the way in liquidations since they have the most overleveraged apes <a href=\\\"https:\/\/t.co\/ehAs94FcJn\\\">pic.twitter.com\/ehAs94FcJn<\/a><\/p>\n<p>\u2014 Larry Cermak (@lawmaster) <a href=\\\"https:\/\/twitter.com\/lawmaster\/status\/1371399119919575040?ref_src=twsrc%5Etfw\\\">March 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Most liquidations occurred on the Binance and Bybit exchanges.<\/p>\n<p>According to Glassnode analysts, the supply of Bitcoin that has remained inactive for the last 3-6 months reached a five-month high.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">\ud83d\udcc8 <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> Amount of Supply Last Active 3m-6m (1d MA) just reached a 5-month high of 1,443,142.318 BTC<\/p>\n<p>Previous 5-month high of 1,443,088.261 BTC was observed on 14 March 2021<\/p>\n<p>View metric:<a href=\\\"https:\/\/t.co\/xD7zWV6u5s\\\">https:\/\/t.co\/xD7zWV6u5s<\/a> <a href=\\\"https:\/\/t.co\/ze3Fmnb365\\\">pic.twitter.com\/ze3Fmnb365<\/a><\/p>\n<p>\u2014 glassnode alerts (@glassnodealerts) <a href=\\\"https:\/\/twitter.com\/glassnodealerts\/status\/1371404250576736260?ref_src=twsrc%5Etfw\\\">March 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>This could indicate renewed interest among investors looking to lock in unrealized gains on their holdings in Bitcoin.<\/p>\n<p>The falling bitcoin pulled down the rest of the market. As of writing, the top ten crypto assets by market capitalisation look as follows:<\/p>\n<div id=\\\"attachment_127995\\\" style=\\\"width: 1289px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-127995\\\" class=\\\"size-full wp-image-127995\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-393.png\\\" alt=\\\"Bitcoin price fell to $55,000\\\" width=\\\"1279\\\" height=\\\"337\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-393.png 1279w, https:\/\/u1f987.com\/wp-content\/uploads\/2-393-300x79.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-393-1024x270.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-393-768x202.png 768w\\\" sizes=\\\"auto, (max-width: 1279px) 100vw, 1279px\\\" \/><\/p>\n<p id=\\\"caption-attachment-127995\\\" class=\\\"wp-caption-text\\\">Data: CoinGecko.<\/p>\n<\/div>\n<p>Bitcoin&#8217;s market capitalisation stands at $1.05 trillion. BTC dominance index \u2014 <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">60.3%<\/a>.<\/p>\n<p>In March, Bitcoin&#8217;s price <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-breaks-above-61000\">updated its all-time high<\/a> above $61,000.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first cryptocurrency fell below the $60,000 mark reached a few days ago. According to CoinGecko, over the last 24 hours bitcoin has fallen nearly 9% and, at the time of writing, trades around $55,900.<\/p>\n","protected":false},"author":1,"featured_media":38930,"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":[480,1145],"class_list":["post-38929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38929","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=38929"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38929\/revisions"}],"predecessor-version":[{"id":38931,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38929\/revisions\/38931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38930"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}