{"id":72531,"date":"2023-01-14T09:46:40","date_gmt":"2023-01-14T07:46:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72531"},"modified":"2025-09-09T01:14:04","modified_gmt":"2025-09-08T22:14:04","slug":"bitcoin-price-tests-the-21000-level","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-tests-the-21000-level\/","title":{"rendered":"Bitcoin price tests the $21,000 level"},"content":{"rendered":"

In the early hours of Saturday, January 14, bitcoin briefly surpassed the $21,000 mark. In the last 24 hours the asset rose 11%, according to CoinGecko<\/a>.<\/p>\n

\\\"111-32\\\"\/
Hourly BTCUSDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

As of writing, bitcoin’s price had retraced to below the $21,000 mark.<\/p>\n

Ethereum, the second-largest by market capitalization, approached the $1,600 level but then retraced to $1,550 (+10% over the past 24 hours, according to CoinGecko<\/a>).<\/p>\n

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Hourly ETHUSD chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Following the leaders, all top-10 assets moved into the green. The biggest gainers were Cardano (+9.7%) and Dogecoin (+9.5%). The total cryptocurrency market capitalization surpassed $1 trillion.<\/p>\n

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Data: CoinGecko.<\/figcaption><\/figure>\n

In the night of January 12, bitcoin prices for the first time since mid-December 2022 rose above the $18,000 level<\/a> on the back of the release of inflation data in the United States. Later that day the asset continued to rise and tested $19,000<\/a>.<\/p>\n

In December, analysts at Nansen said that the baseline scenario for 2023 was a US recession and a new wave of stock sell-offs. They said that, in these conditions, cryptocurrencies would be subject to negative revaluation<\/a>.<\/p>\n

Read ForkLog’s bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the early hours of Saturday, January 14, bitcoin briefly surpassed $21,000. In the last 24 hours the asset rose 11%.<\/p>\n","protected":false},"author":1,"featured_media":72532,"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-72531","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\/72531","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=72531"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72531\/revisions"}],"predecessor-version":[{"id":72533,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72531\/revisions\/72533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72532"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}