{"id":86734,"date":"2023-11-08T10:01:49","date_gmt":"2023-11-08T08:01:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86734"},"modified":"2025-09-13T07:25:01","modified_gmt":"2025-09-13T04:25:01","slug":"bitcoin-trades-above-35000-as-it-consolidates-near-35200","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-trades-above-35000-as-it-consolidates-near-35200\/","title":{"rendered":"Bitcoin trades above $35,000 as it consolidates near $35,200"},"content":{"rendered":"

On the evening of November 7, Bitcoin again broke above the $35,000 level. At one point the price traded as high as $35,888 (on Binance).<\/p>\n

Bitcoin is currently trading near $35,200.<\/p>\n

\"\u0426\u0435\u043d\u0430
Hourly BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

In recent days the asset has repeatedly breached the $35,000 level, but could not stay above it.<\/p>\n

In seven days Bitcoin rose by 2.3%, according to CoinGecko<\/a>. In the top-10 by market capitalization for the period, Cardano (ADA) posted the largest gains \u2014 22.2%. Significant gains were also shown by Toncoin (TON), XRP and Solana (SOL).<\/p>\n

\"\u0426\u0435\u043d\u0430
Data: CoinGecko.<\/figcaption><\/figure>\n

Total market capitalization rose to $1.39 trillion. Against the rally in leading altcoins, the dominance index of digital gold fell to 49.8%. At the start of November the indicator had reached two-year highs above 51%<\/a>.<\/p>\n

Earlier, experts noted that large market participants are interested<\/a> in breaking above the $36,000 level.<\/p>\n

According to Rachel Lin, co-founder and CEO of the decentralised derivatives exchange SynFutures, Bitcoin could reach $47,000<\/a> by the end of November.<\/p>\n","protected":false},"excerpt":{"rendered":"

On the evening of November 7, Bitcoin again breached the $35,000 level. At one point the price reached $35,888 (on Binance).<\/p>\n","protected":false},"author":1,"featured_media":86735,"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-86734","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\/86734","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=86734"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86734\/revisions"}],"predecessor-version":[{"id":86736,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86734\/revisions\/86736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86735"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}