{"id":11464,"date":"2024-03-11T10:22:19","date_gmt":"2024-03-11T08:22:19","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-surpasses-72000-mark\/"},"modified":"2024-03-11T10:22:19","modified_gmt":"2024-03-11T08:22:19","slug":"bitcoin-surpasses-72000-mark","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-surpasses-72000-mark\/","title":{"rendered":"Bitcoin Surpasses $72,000 Mark"},"content":{"rendered":"<p>On Monday, March 11, the price of the leading cryptocurrency exceeded $70,000. Over the past 24 hours, the asset gained 1.5%, according to <a href=\"https:\/\/www.coingecko.com\/ru\">CoinGecko<\/a>.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 11, 2024 | 10:57<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Bitcoin&#8217;s price briefly surpassed $71,000 but failed to hold above this level. The growth over the last 24 hours was 2.7%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-42-52.webp\" alt=\"BTCUSDT_2024-03-11_10-42-52\" class=\"wp-image-227922\"\/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 11, 2024 | 10:57<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Ethereum broke through $4,000 and is attempting to consolidate above this level.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/ETHUSDT_2024-03-11_10-53-21-1024x684.png\" alt=\"ETHUSDT_2024-03-11_10-53-21\" class=\"wp-image-227926\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/ETHUSDT_2024-03-11_10-53-21-1024x684.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/ETHUSDT_2024-03-11_10-53-21-300x200.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/ETHUSDT_2024-03-11_10-53-21-768x513.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/ETHUSDT_2024-03-11_10-53-21.png 1291w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of ETH\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/ETHUSDT\/?exchange=BINANCE\" title=\"\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 11, 2024 | 10:57<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Bitcoin is trading above $71,100.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"707\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-55-05-1024x707.png\" alt=\"BTCUSDT_2024-03-11_10-55-05\" class=\"wp-image-227930\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-55-05-1024x707.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-55-05-300x207.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-55-05-768x530.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-55-05.png 1248w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 11, 2024 | 15:01<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Bitcoin&#8217;s price momentarily exceeded $72,000 but quickly corrected to levels near $71,430.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"738\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-00-39-1024x738.png\" alt=\"BTCUSDT_2024-03-11_15-00-39\" class=\"wp-image-227968\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-00-39-1024x738.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-00-39-300x216.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-00-39-768x554.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-00-39.png 1196w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 11, 2024 | 15:38<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price of the leading cryptocurrency reached a new all-time high above $72,000. At the time of writing, the asset is trading above $72,150.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"766\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-36-52-1024x766.png\" alt=\"BTCUSDT_2024-03-11_15-36-52\" class=\"wp-image-227990\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-36-52-1024x766.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-36-52-300x224.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-36-52-768x574.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_15-36-52.png 1153w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\" target=\"_blank\" rel=\"noreferrer noopener\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Bitcoin has surpassed silver in market capitalization.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> just flipped Silver&#8217;s market capitalisation.<\/p>\n<p>Google and Amazon \u2014 you are next! <a href=\"https:\/\/t.co\/DfT2UDFknM\">pic.twitter.com\/DfT2UDFknM<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BTC_Archive) <a href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1767157769092620413?ref_src=twsrc%5Etfw\">March 11, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/div>\n<\/div>\n<p>At the time of writing, Bitcoin is trading above $70,200.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-20-23-1024x674.png\" alt=\"BTCUSDT_2024-03-11_10-20-23\" class=\"wp-image-227901\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-20-23-1024x674.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-20-23-300x198.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-20-23-768x506.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-03-11_10-20-23.png 1309w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Assets in the top 10 by market capitalization are showing mixed movements. Ethereum has risen by only 0.1% in the last 24 hours, while XRP, ADA, and DOGE have fallen by 1.4%, 0.5%, and 2.2% respectively.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"644\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.28.18-1024x644.png\" alt=\"Snimok-ekrana-2024-03-11-v-10.28.18\" class=\"wp-image-227903\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.28.18-1024x644.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.28.18-300x189.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.28.18-768x483.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.28.18.png 1104w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinGecko.<\/figcaption><\/figure>\n<p>The total cryptocurrency market capitalization is $2.79 trillion. Bitcoin&#8217;s dominance index is 49.6%.<\/p>\n<p>The Fear and Greed Index remains at 82. As digital gold approached its all-time high on March 5, the index reached February 2021 levels of 90.<\/p>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-03-11-v-10.33.14-1.webp\" alt=\"Snimok-ekrana-2024-03-11-v-10.33.14-1\" class=\"wp-image-227911\" style=\"width:840px;height:auto\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">alternative.me<\/a>.<\/figcaption><\/figure>\n<p>On March 4, the price of the leading cryptocurrency exceeded $66,000, and the next day it surpassed $69,000. On Friday, March 8, digital gold nearly reached $70,000.<\/p>\n<p>Previously, analysts at JPMorgan <a href=\"https:\/\/forklog.com\/en\/news\/jpmorgan-analysts-predict-bitcoin-correction-to-42000-post-halving\">predicted<\/a> a correction in Bitcoin to $42,000 post-halving.<\/p>\n<p>Earlier, IntoTheBlock <a href=\"https:\/\/forklog.com\/en\/news\/five-catalysts-that-could-propel-bitcoin-beyond-70000\">identified<\/a> five factors that could push Bitcoin&#8217;s price above $70,000 in the coming months.<\/p>\n<p>In February, Bitwise&#8217;s Chief Investment Officer Matt Hougan forecasted that the price of digital gold would exceed <a href=\"https:\/\/forklog.com\/en\/news\/matrixport-predicts-bitcoin-could-reach-63000-by-march\">$80,000 in the foreseeable future<\/a> due to the success of ETFs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, March 11, the price of the leading cryptocurrency exceeded $70,000. Over the past 24 hours, the asset gained 1.5%, according to CoinGecko. March 11, 2024 | 10:57Update: Bitcoin&#8217;s price briefly surpassed $71,000 but failed to hold above this level. The growth over the last 24 hours was 2.7%. Hourly chart of BTC\/USDT on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-11464","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11464"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11464\/revisions"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}