{"id":58471,"date":"2022-03-02T20:35:20","date_gmt":"2022-03-02T18:35:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58471"},"modified":"2025-09-04T16:58:29","modified_gmt":"2025-09-04T13:58:29","slug":"bitcoin-tests-the-45000-mark","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tests-the-45000-mark\/","title":{"rendered":"Bitcoin tests the $45,000 mark"},"content":{"rendered":"<p>The price of the leading cryptocurrency continued to rise, with the quotes touching a local high just above the $45,000 level.<\/p>\n<p>At the time of writing, BTC was trading around $44,300.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"520\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58-1024x520.png\\\" alt=\\\"Bitcoin tests the $45,000 mark\\\" class=\\\"wp-image-166779\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58-1024x520.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58-300x152.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58-768x390.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58-1536x780.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC-58.png 1813w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>30-minute BTC\/USDT chart on Binance. Data: <a href=\\\"https:\/\/www.tradingview.com\/x\/zO722Hnw\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Over the past seven days, Bitcoin&#8217;s price has risen by 15.7%. The total market capitalization once again surpassed the $2 trillion mark, according to <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\">CoinGecko<\/a>. <\/p>\n<p>According to <a href=\\\"https:\/\/www.reuters.com\/technology\/eu-checking-if-cryptoassets-being-used-bust-russian-sanctions-eu-official-2022-03-02\/\\\">Reuters<\/a>, the European Commission does not exclude that cryptocurrencies could represent a \\&#8221;possible workaround\\&#8221; for sanctions evasion.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;The rise in the value of some such assets may be a reaction to attempts to circumvent sanctions. We are studying this, but no decision has been made yet,\\&#8221; said one of the EU officials.<\/p>\n<\/blockquote>\n<p>Analysts at Kaiko earlier <a href=\"https:\/\/u1f987.com\/en\/news\/kaiko-bitcoin-trading-volume-in-btc-rub-pair-rises-amid-ukraine-invasion\">identified<\/a> a spike in trading volumes in the BTC\/RUB pair amid global sanctions against Russia following its invasion of Ukraine. Analysts at Glassnode observed a significant rise in the number of Bitcoin whales.<\/p>\n<p>Earlier, some experts doubted Russia could bypass sanctions through cryptocurrencies given the scale of both the economy and the imposed restrictions.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency continued to rise, with the quotes touching a local high just above the $45,000 level.<\/p>\n","protected":false},"author":1,"featured_media":58472,"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-58471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58471","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=58471"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58471\/revisions"}],"predecessor-version":[{"id":58473,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58471\/revisions\/58473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58472"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}