{"id":59037,"date":"2022-03-22T09:33:22","date_gmt":"2022-03-22T07:33:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59037"},"modified":"2025-09-04T19:50:11","modified_gmt":"2025-09-04T16:50:11","slug":"bitcoin-tests-43000-as-ethereum-clears-3000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tests-43000-as-ethereum-clears-3000\/","title":{"rendered":"Bitcoin tests $43,000 as Ethereum clears $3,000"},"content":{"rendered":"<p>The price of the leading cryptocurrency rose to a local high of $43,361 (Binance), in line with early-March levels.<\/p>\n<p><!--more--><\/p>\n<p>The chart below shows the up move was accompanied by a surge in trading volume. At the time of writing, BTC was trading around $42,390.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"530\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-636-1024x530.png\\\" alt=\\\"Bitcoin tests $43,000 mark. Ethereum clears $3,000\\\" class=\\\"wp-image-168213\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-636-1024x530.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-636-300x155.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-636-768x398.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-636-1536x796.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/1-636.png 1813w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>BTC\/USDT intraday chart on Binance. Data: <a href=\\\"https:\/\/www.tradingview.com\/x\/vTe3Nt9r\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Analysts at Glassnode concluded that the main buying pressure comes from users in the US and the EU. Asia-based traders are predominantly selling the digital gold.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Over the course of this <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> drawdown, buying pressure has been mainly during US and EU trading hours.<\/p>\n<p>Meanwhile, the majority of sell-side pressure has occurred during Asian market hours, suggesting a divergence in regional strategy.<\/p>\n<p>Read more\ud83d\udc47<a href=\\\"https:\/\/t.co\/cyTLZGHR1u\\\">https:\/\/t.co\/cyTLZGHR1u<\/a> <a href=\\\"https:\/\/t.co\/mJGGloo1t4\\\">pic.twitter.com\/mJGGloo1t4<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\\\"https:\/\/twitter.com\/glassnode\/status\/1506034328366690308?ref_src=twsrc%5Etfw\\\">March 21, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Ethereum has yet to hold above the round-number level \u2014 the crypto asset is trading around $2,985.<\/p>\n<figure class=\\\"wp-block-image size-large is-resized\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-530-1024x530.png\\\" alt=\\\"Bitcoin tests $43,000 mark. Ethereum clears $3,000\\\" class=\\\"wp-image-168214\\\" width=\\\"840\\\" height=\\\"434\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-530-1024x530.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-530-300x155.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-530-768x398.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-530-1536x796.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/2-530.png 1813w\\\" sizes=\\\"auto, (max-width: 840px) 100vw, 840px\\\" \/><figcaption>ETH\/USDT intraday chart on Binance. Data: <a href=\\\"https:\/\/www.tradingview.com\/x\/N23sEyyz\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Over the last seven days, Bitcoin rose 7.1% and Ethereum 15.2%, according to CoinGecko.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"279\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-318-1024x279.png\\\" alt=\\\"Bitcoin tests $43,000 mark. Ethereum clears $3,000\\\" class=\\\"wp-image-168215\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-318-1024x279.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/3-318-300x82.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/3-318-768x210.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/3-318.png 1283w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Over this period, Avalanche rose 27.9% and Cardano 16.6%.<\/p>\n<p>The market cap of the cryptocurrency market reached $2.02 trillion, according to <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\" title=\\\"https:\/\/www.coingecko.com\/en\/coins\/all\\\">CoinGecko<\/a>.<\/p>\n<p>Earlier in March, Nigel Green, head of the DeVere Group, <a href=\"https:\/\/u1f987.com\/en\/news\/devere-group-chief-foresees-bitcoin-hitting-50-000-in-march\">forecast bitcoin to rise to $50,000<\/a> during March.<\/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 price reached a local high of $43,361.<\/p>\n","protected":false},"author":1,"featured_media":59038,"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":[480,46],"class_list":["post-59037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59037","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=59037"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59037\/revisions"}],"predecessor-version":[{"id":59039,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59037\/revisions\/59039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59038"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}