{"id":74168,"date":"2023-02-16T09:36:10","date_gmt":"2023-02-16T07:36:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74168"},"modified":"2025-09-09T18:32:31","modified_gmt":"2025-09-09T15:32:31","slug":"bitcoin-price-tests-the-25000-level","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-tests-the-25000-level\/","title":{"rendered":"Bitcoin price tests the $25,000 level"},"content":{"rendered":"<p>Bitcoin rose to $24 900, a level corresponding to price readings from August last year.<\/p>\n<p><!--more--><\/p>\n<p>Over the past 24 hours, digital gold rose by 11.5%, according to <a href=\"https:\/\/www.coingecko.com\/en\/all-cryptocurrencies\">CoinGecko<\/a>. At the time of writing, the asset traded near $24 700.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"408\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8-1024x408.png\" alt=\"BTCUSDT-8\" class=\"wp-image-198161\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8-1024x408.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8-300x119.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8-768x306.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8-1536x612.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT-8.png 1610w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Daily BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">16 February 2023 | 18:22<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price reached a local high at $25 250 in the BTC\/USDT pair on the Binance exchange, then retraced slightly.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"498\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2-1024x498.png\" alt=\"BTCUSDT2\" class=\"wp-image-198249\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2-1024x498.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2-300x146.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2-768x374.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2-1536x748.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT2.png 1808w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>15-minute BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\" title=\"TradingView\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>The rising bitcoin revived the rest of the market. Below are the figures for the ten largest-cap crypto assets:<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"354\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/top-10-19-1024x354.png\" alt=\"top-10-19\" class=\"wp-image-198162\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/top-10-19-1024x354.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/top-10-19-300x104.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/top-10-19-768x266.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/top-10-19.png 1275w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/en\/all-cryptocurrencies\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Total market capitalization reached about <a href=\"https:\/\/www.coingecko.com\/en\/global-charts\">$1.17 trillion<\/a>.<\/p>\n<p>The crypto \u201cFear and Greed Index\u201d indicates investor optimism.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/fear-5.webp\" alt=\"fear-5\" class=\"wp-image-198163\"\/><figcaption>Data: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>On February 14, the price of the leading cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/us-inflation-beats-expectations-bitcoin-falls\">briefly corrected<\/a> on the back of US inflation data that beat market expectations.<\/p>\n<p>Earlier, Adam Farthing of B2C2 said that for the rally to continue <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-the-25000-level-is-key-for-bitcoins-rally-to-continue\">Bitcoin would need to break through the $25,000<\/a> level. That level, he said, is a \u201ctough nut.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin hit $24,900, matching price levels seen in August last year.<\/p>\n","protected":false},"author":1,"featured_media":74169,"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-74168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74168","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=74168"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74168\/revisions"}],"predecessor-version":[{"id":74170,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74168\/revisions\/74170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74169"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}