{"id":48095,"date":"2021-08-23T09:19:07","date_gmt":"2021-08-23T06:19:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48095"},"modified":"2025-09-02T00:32:38","modified_gmt":"2025-09-01T21:32:38","slug":"bitcoin-price-breaks-above-50000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-breaks-above-50000\/","title":{"rendered":"Bitcoin price breaks above $50,000"},"content":{"rendered":"<p>On Monday, August 23, the price of the first cryptocurrency rose above $50,000 for the first time since the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-falls-below-35000\">May decline<\/a>.<\/p>\n<p>At the time of writing, the asset was trading around $50,200.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"490\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2021-08-23_09-14-18-1024x490.png\\\" alt=\\\"Bitcoin price breaks above $50,000\\\" class=\\\"wp-image-146467\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2021-08-23_09-14-18-1024x490.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2021-08-23_09-14-18-300x144.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2021-08-23_09-14-18-768x368.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2021-08-23_09-14-18.png 1354w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>BTC\/USD chart from Bitstamp. Data: <a href=\\\"https:\/\/ru.tradingview.com\/symbols\/BTCUSD\/\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Over the last 24 hours the coin rose by 2.1%, over the week by 6.6%, according to CoinGecko. Bitcoin&#8217;s market capitalization stood at $942.9 billion.<\/p>\n<p>According to <a href=\\\"https:\/\/www.bybt.com\/BitcoinOpenInterest\\\">Bybt<\/a>, open interest in Bitcoin futures markets reached $18 billion.<\/p>\n<p>The Fear and Greed Index is in the green at 79.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"774\\\" height=\\\"352\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-23-v-08.59.04.png\\\" alt=\\\"Bitcoin price breaks above $50,000\\\" class=\\\"wp-image-146468\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-23-v-08.59.04.png 774w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-23-v-08.59.04-300x136.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-08-23-v-08.59.04-768x349.png 768w\\\" sizes=\\\"auto, (max-width: 774px) 100vw, 774px\\\" \/><figcaption>Data: <a href=\\\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\\\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>On August 20, the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-surpasses-48700\">surpassed $48,700<\/a>, after which it breached the $49,000 level.<\/p>\n<p><script async src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?15\\\" data-telegram-post=\\\"forklog\/21000\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p>Earlier, Bitcoin skeptic and gold advocate Peter Schiff acknowledged that the price of the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/peter-schiff-if-i-could-go-back-i-would-buy-bitcoin\">could soar to $100,000<\/a> and he regrets not having bought the asset in 2011.<\/p>\n<p>Bloomberg Intelligence&#8217;s senior strategist Mike McGlone <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-strategist-says-ethereum-could-hinder-bitcoins-path-to-100000\">called Ethereum an obstacle to Bitcoin&#8217;s rise<\/a> to $100,000.<\/p>\n<p>Subscribe to ForkLog\u2019s news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, August 23, the price of the first cryptocurrency rose above $50,000 for the first time since the May decline.<\/p>\n","protected":false},"author":1,"featured_media":48096,"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-48095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48095","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=48095"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48095\/revisions"}],"predecessor-version":[{"id":48097,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48095\/revisions\/48097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48096"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}