{"id":140788,"date":"2024-10-28T16:02:49","date_gmt":"2024-10-28T14:02:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140788"},"modified":"2024-10-28T16:05:21","modified_gmt":"2024-10-28T14:05:21","slug":"bitcoin-surges-to-69000-after-last-weeks-volatility","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-surges-to-69000-after-last-weeks-volatility\/","title":{"rendered":"Bitcoin Surges to $69,000 After Last Week&#8217;s Volatility"},"content":{"rendered":"<p>Last week two major catalysts drove <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a> <\/strong>to $66,000 \u2013 the rumours about Tether being <strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-u-s-authorities-are-investigating-tether\/\">investigated<\/a> <\/strong>by the U.S. government and Israel\u2019s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-and-other-cryptocurrencies-bleed-as-israel-attacks-iran\/\">attack<\/a> <\/strong>on Iran\u2019s capital.<\/p>\n<p>Despite the downturn, Bitcoin surged by 2.36% in the past 24 hours to $69,000, surggesting a trend reversal.<\/p>\n<p>During this period $100.73 million were <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow\">liquidated<\/a> <\/strong>form the crypto market ($43.04 million in long positions and $57.69 million in shorts).<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/analyst-predicts-slower-liquidity-surge-for-2025-what-it-means-for-markets-and-bitcoin\/\" title=\"Analyst Predicts Slower Liquidity Surge for 2025 \u2013 What It Means for Markets and Bitcoin\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/why-did-crypto-markets-surge-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Analyst Predicts Slower Liquidity Surge for 2025 \u2013 What It Means for Markets and Bitcoin<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The 1-day technical analysis from TradingView also shows the bullish sentiment inthe crypto market. The summary and moving averages point to \u201cstrong buy\u201d at 17 and 14, respectively, while oscillators show \u201cbuy\u201d at 2.<\/p>\n<p>At the time of writing, BTC has retraced back to around $68,600.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bicoin managed to break the $69,000 level after experiencing significant price swings last week.<\/p>\n","protected":false},"author":9,"featured_media":140140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-140788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Surges to $69,000 After Last Week&#039;s Volatility<\/title>\n<meta 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