{"id":57317,"date":"2022-02-07T19:44:58","date_gmt":"2022-02-07T17:44:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57317"},"modified":"2025-09-04T11:07:19","modified_gmt":"2025-09-04T08:07:19","slug":"bitcoin-price-reaches-44000-as-market-capitalisation-tops-2-trillion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-reaches-44000-as-market-capitalisation-tops-2-trillion\/","title":{"rendered":"Bitcoin price reaches $44,000 as market capitalisation tops $2 trillion"},"content":{"rendered":"<p>Bitcoin&#8217;s price continued to rise and on Monday, February 7, briefly surpassed the $44,000 level. The total market capitalisation exceeded $2 trillion, according to <a href=\"https:\/\/www.coingecko.com\/ru\">CoinGecko<\/a>.<\/p>\n<p>At the time of writing, BTC failed to hold above $44,000 and pulled back to around $43,900. Over the last 24 hours the asset rose by 5.3%, over the week \u2014 15.7%.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"580\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2022-02-07_19-37-41-1024x580.png\\\" alt=\\\"Bitcoin price reached $44,000. Market capitalisation above $2 trillion\\\" class=\\\"wp-image-164344\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2022-02-07_19-37-41-1024x580.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2022-02-07_19-37-41-300x170.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2022-02-07_19-37-41-768x435.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSD_2022-02-07_19-37-41.png 1086w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption><meta charset=\\\"utf-8\\\">BTC\/USD price chart on Bitstamp. Data: <a href=\\\"https:\/\/ru.tradingview.com\/symbols\/BTCUSD\/\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Ethereum rose above the $3,000 level and, at the time of writing, trades near $3,120. Over the last 24 hours the second-largest cryptocurrency by market capitalisation gained 4.2%.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"580\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/ETHUSD_2022-02-07_19-49-58-1024x580.png\\\" alt=\\\"Ethereum price chart\\\" class=\\\"wp-image-164347\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/ETHUSD_2022-02-07_19-49-58-1024x580.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/ETHUSD_2022-02-07_19-49-58-300x170.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/ETHUSD_2022-02-07_19-49-58-768x435.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/ETHUSD_2022-02-07_19-49-58.png 1086w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption><meta charset=\\\"utf-8\\\">ETH\/USD price chart on Bitstamp. Data: <a href=\\\"https:\/\/ru.tradingview.com\/symbols\/ETHUSD\/?exchange=BITSTAMP\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Among the top 10 by market capitalisation, XRP by Ripple posted the most notable rise (+16.6%). It closed in on its nearest rival \u2014 Solana (+5.5%). In the red were the stablecoins USDT and USDC.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"547\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-02-07-v-19.54.19-1024x547.png\\\" alt=\\\"Bitcoin price reached $44,000. Market capitalisation above $2 trillion\\\" class=\\\"wp-image-164350\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-02-07-v-19.54.19-1024x547.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-02-07-v-19.54.19-300x160.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-02-07-v-19.54.19-768x410.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-02-07-v-19.54.19.png 1120w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: CoinGecko.<\/figcaption><\/figure>\n<p>Earlier it emerged that KPMG&#8217;s Canadian arm added an undisclosed amount of BTC and ETH to its balance sheet.<\/p>\n<p><script async=\\\"\\\" src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?15\\\" data-telegram-post=\\\"forklog\/23923\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p>Earlier in January, Goldman Sachs analysts warned <a href=\"https:\/\/u1f987.com\/en\/news\/goldman-sachs-warns-that-bitcoins-fortunes-depend-on-federal-reserve-policy\">about Bitcoin&#8217;s dependence on Fed policy<\/a>, and JPMorgan lowered Bitcoin&#8217;s fair value <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-trims-bitcoin-fair-value-estimate-from-150000-to-38000\">from $150,000 to $38,000<\/a>.<\/p>\n<p>Earlier, Fundstrat managing director Mark Newton said that in the coming months the BTC price has a good chance of hitting a local bottom. Among the key technical levels for bulls <a href=\"https:\/\/u1f987.com\/en\/news\/fundstrat-forecasts-bitcoin-to-hit-a-local-bottom\">he highlighted $40,000<\/a>.<\/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>Bitcoin&#8217;s price continued to rise and on Monday, February 7, briefly surpassed the $44,000 level. The total market capitalisation exceeded $2 trillion, according to CoinGecko.<\/p>\n","protected":false},"author":1,"featured_media":57318,"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-57317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57317","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=57317"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57317\/revisions"}],"predecessor-version":[{"id":57319,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57317\/revisions\/57319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57318"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}