{"id":44292,"date":"2021-06-14T16:27:41","date_gmt":"2021-06-14T13:27:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44292"},"modified":"2025-08-31T16:18:57","modified_gmt":"2025-08-31T13:18:57","slug":"bitcoin-back-above-40000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-back-above-40000\/","title":{"rendered":"Bitcoin back above $40,000"},"content":{"rendered":"<p>Bitcoin broke through the $40,000 resistance level.<\/p>\n<p><!--more--><\/p>\n<p>The chart below shows rising trading volumes amid a strong upward price move.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"498\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTC-40-1024x498.png\" alt=\"Bitcoin back above $40,000\" class=\"wp-image-138881\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTC-40-1024x498.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTC-40-300x146.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTC-40-768x374.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTC-40-1536x748.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/BTC-40.png 1853w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly BTC\/USDT chart from <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/\" title=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>As of writing, digital gold was trading around $40,500 in the USDT pair on Binance. Bitcoin&#8217;s rise over the past 24 hours exceeded 12%, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/all\">CoinGecko<\/a>.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">June 14, 2021 | 17:57<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price reached a local high of $41,064 on Binance.<\/p>\n<\/div>\n<p>The rest of the market also revived. Below is the top twenty by market capitalization.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-12-1024x510.png\" alt=\"Bitcoin back above $40,000\" class=\"wp-image-138886\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-12-1024x510.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-12-300x150.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-12-768x383.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/CoinGecko-12.png 1282w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/all\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Total market capitalization reached <a href=\"https:\/\/www.coingecko.com\/en\/global_charts\">$1,7 \u0442\u0440\u043b\u043d<\/a>. Bitcoin&#8217;s dominance index stood at 44%.<\/p>\n<p>Today, June 14, it was announced that Tudor Investment founder Paul Tudor Jones would allocate a 5% of his portfolio to digital gold as an inflation hedge.<\/p>\n<p>Earlier in the week, <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-price-falls-below-33000\">fell below $33,000<\/a> after a prolonged flat trading range.<\/p>\n<p>Subscribe to ForkLog&#8217;s YouTube channel!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin broke through the $40,000 resistance level.<\/p>\n","protected":false},"author":1,"featured_media":44293,"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-44292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44292","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=44292"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44292\/revisions"}],"predecessor-version":[{"id":44294,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44292\/revisions\/44294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44293"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}