{"id":50780,"date":"2021-10-06T17:08:52","date_gmt":"2021-10-06T14:08:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50780"},"modified":"2025-09-02T20:11:21","modified_gmt":"2025-09-02T17:11:21","slug":"bitcoin-price-breaches-the-55000-mark","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-breaches-the-55000-mark\/","title":{"rendered":"Bitcoin price breaches the $55,000 mark"},"content":{"rendered":"<p>Bitcoin price reached the $55,555 level. At the time of writing, the asset was trading at around $53,800.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-1024x640.png\" alt=\"Bitcoin price breached the $55,000 mark\" class=\"wp-image-152046\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-16.55.17-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Bitcoin&#8217;s market capitalization surpassed $1 trillion, and the overall cryptocurrency market cap approached $2.4 trillion, according to <a href=\"https:\/\/www.coingecko.com\/en\/global_charts\">CoinGecko<\/a>.<\/p>\n<p>Ethereum price rose above $3,600.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-1024x640.png\" alt=\"Ethereum price rose above $3,600\" class=\"wp-image-152047\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-10-06-v-17.00.52-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>ETH\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/ETHUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, SEC Chair Gary Gensler said the regulator does not plan to ban cryptocurrencies. He also called this the prerogative of Congress.<\/p>\n<p>Don Fitzpatrick, CEO of Soros Fund Management, confirmed that George Soros&#8217;s family office invested in bitcoin.<\/p>\n<p>Cryptocurrency analyst Benjamin Cowen stated that <a href=\"https:\/\/u1f987.com\/en\/news\/analyst-forget-bitcoin-at-10000\">the price of digital gold will never fall below $10,000<\/a>. According to him, the bears should abandon this pink dream.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price reached the $55,555 level. At the time of writing, the asset was trading at around $53,800.<\/p>\n","protected":false},"author":1,"featured_media":50781,"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-50780","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\/50780","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=50780"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50780\/revisions"}],"predecessor-version":[{"id":50782,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50780\/revisions\/50782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/50781"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=50780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=50780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=50780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}