{"id":90300,"date":"2025-10-27T10:33:04","date_gmt":"2025-10-27T08:33:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90300"},"modified":"2025-10-27T09:35:51","modified_gmt":"2025-10-27T07:35:51","slug":"bitcoin-tops-116000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-tops-116000\/","title":{"rendered":"Bitcoin tops $116,000"},"content":{"rendered":"<p>The price of the leading cryptocurrency rose nearly 4% over the past 24 hours, hitting a two\u2011week high around $116,000.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a0e7774872003b68-7942653508028556-1024x630.png\" alt=\"BTCUSDT_2025-10-27_10-03-43\" class=\"wp-image-268252\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a0e7774872003b68-7942653508028556-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-a0e7774872003b68-7942653508028556-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-a0e7774872003b68-7942653508028556-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-a0e7774872003b68-7942653508028556.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15\u2011minute BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Ether rose 7% over the same period, to about $4,200.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c4bc9836c720387b-7942702527805907-1024x630.png\" alt=\"ETHUSDT_2025-10-27_10-05-07\" class=\"wp-image-268254\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c4bc9836c720387b-7942702527805907-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4bc9836c720387b-7942702527805907-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4bc9836c720387b-7942702527805907-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4bc9836c720387b-7942702527805907.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15\u2011minute ETH\/USDT chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Other large altcoins advanced: XRP added 1.1%, BNB 3%, and Solana 5.4%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"323\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237-1024x323.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-10-27 100649\" class=\"wp-image-268255\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237-1024x323.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237-300x95.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237-768x242.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237-1536x485.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-2c0466313c1ed158-7942742149958237.png 1606w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Macro factors lent support. US Treasury Secretary Scott Bessent spoke of \u201csubstantial\u201d progress in trade talks with China.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/SecScottBessent?ref_src=twsrc%5Etfw\">@SecScottBessent<\/a> on China: &#8220;President Trump gave me a great deal of negotiating leverage with the threat of 100% tariffs on November 1st \u2014 and I believe we&#8217;ve reached a very substantial framework that will avoid that and allow us to discuss many other things with the Chinese.&#8221; <a href=\"https:\/\/t.co\/mUz1k9kZpu\">pic.twitter.com\/mUz1k9kZpu<\/a><\/p>\n<p>\u2014 Rapid Response 47 (@RapidResponse47) <a href=\"https:\/\/twitter.com\/RapidResponse47\/status\/1982439472009564585?ref_src=twsrc%5Etfw\">October 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He said the proposed framework would avert the 100% tariffs previously announced by President Donald Trump.<\/p>\n<p>Further optimism stems from the upcoming <span data-descr=\"Federal Open Market Committee of the US Federal Reserve\" class=\"old_tooltip\">FOMC<\/span> meeting. Markets expect a 25\u2011basis\u2011point cut to a 3.75\u20134% range. The CME FedWatch tool puts the probability at 96.7%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"647\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-adc0a4e8e2f70f06-7942797220804209-1024x647.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-10-27 101501\" class=\"wp-image-268256\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-adc0a4e8e2f70f06-7942797220804209-1024x647.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-adc0a4e8e2f70f06-7942797220804209-300x189.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-adc0a4e8e2f70f06-7942797220804209-768x485.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-adc0a4e8e2f70f06-7942797220804209.png 1061w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">CME FedWatch<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Short\u2011position liquidations<\/h2>\n<p>Against the upbeat backdrop, the market saw a wave of short liquidations. Over the past day, $393.62 million of shorts were forcibly closed, according to Coinglass.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"429\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7c571dad330ab733-7942815652865845-1024x429.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-10-27 101627\" class=\"wp-image-268257\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7c571dad330ab733-7942815652865845-1024x429.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-7c571dad330ab733-7942815652865845-300x126.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-7c571dad330ab733-7942815652865845-768x321.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-7c571dad330ab733-7942815652865845.png 1534w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis is a classic short squeeze. It may signal the start of a more sustained bullish phase,\u201d \u2014 <\/em><a href=\"https:\/\/www.theblock.co\/post\/376192\/bitcoin-150000-short-liquidations\"><em>said<\/em><\/a><em> BTC Markets analyst Rachel Lucas.<\/em><\/p>\n<\/blockquote>\n<p>Earlier, CryptoQuant contributors from ShayanMarkets <a href=\"https:\/\/forklog.com\/en\/news\/mvrv-indicator-suggests-bitcoins-local-bottom\">said<\/a> that the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-mvrv-indicator\">MVRV<\/a> ratio on the leading cryptocurrency\u2019s chart had fallen below the 365\u2011day simple moving average, marking a local low.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency climbed nearly 4% in 24 hours, reaching a two\u2011week high around $116,000.<\/p>\n","protected":false},"author":1,"featured_media":90301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin hits a two\u2011week high near $116,000 after a 4% daily gain.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-90300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"142","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin hits a two\u2011week high near $116,000 after a 4% daily gain.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90300","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=90300"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90300\/revisions"}],"predecessor-version":[{"id":90302,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90300\/revisions\/90302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90301"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}