{"id":1850465,"date":"2023-02-17T07:20:58","date_gmt":"2023-02-17T12:20:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1850465"},"modified":"2023-02-17T07:23:29","modified_gmt":"2023-02-17T12:23:29","slug":"bitcoin-price-tops-near-2023-high-at-25k","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-price-tops-near-2023-high-at-25k\/","title":{"rendered":"Bitcoin Price Tops Near 2023 High at $25k"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbitcoin-price-tops-near-2023-high-at-25k%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1850465&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p>The Bitcoin price (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>)\u00a0has reached a new 2023 high of $25,000 after surging over much of January. <\/p>\n<p>The last time Bitcoin\u2019s price was around $25,000 was around mid-June, on its way down to between $19,000 and $21,000, where it then hovered for several months,\u00a0<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">According<\/a> Get data from CoinGecko <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/02\/0bd0d757-baba-4d21-84f2-a246a5b4e26a.jpg\" alt=\"image\"   style=\"display:none\"><figcaption><em>BTC&#8217;s price has risen by double digits in the past 24 hours to surpass the $25,000 mark.<\/em><\/figcaption><\/figure>\n<p>In November, BTC prices plunged dramatically. <a href=\"https:\/\/cointelegraph.com\/news\/ftx-and-binance-s-ongoing-saga-everything-that-s-happened-until-now\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/ftx-and-binance-s-ongoing-saga-everything-that-s-happened-until-now\/amp\">Following the FTX crisis<\/a>,\u00a0which saw BTC drop to a 2022 low of $15,742 on Nov. 10.<\/p>\n<p>Its price surged in January. <a href=\"https:\/\/cointelegraph.com\/news\/c-c-c-combo-breaker-bitcoin-ends-ridiculous-14-day-winning-streak\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/c-c-c-combo-breaker-bitcoin-ends-ridiculous-14-day-winning-streak\/amp\">increasing\u00a0over 14 consecutive days<\/a> From Jan. 4-17. <\/p>\n<p>That daily green candle streak was its second longest in the cryptocurrency\u2019s 14-year history \u2014 having fallen one day short of its 15-day record set in November 2013.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish\/amp\"><strong><em>Bitcoin price correction was overdue \u2014 analysts outline why the end of 2023 will be bullish <\/em><\/strong><\/a><\/p>\n<p>While BTC has had an impressive start to 2023, it is still down 63% from its all-time-high of $69,044,\u00a0 reached on Nov. 10, 2021. <\/p>\n<p>Lyn Alden and other economists believe so. <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-faces-considerable-danger-from-fed-in-2023-lyn-alden\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-faces-considerable-danger-from-fed-in-2023-lyn-alden\/amp\">BTC\u2019s current price surge may be relatively short-lived.<\/a> Bitcoin bull believes the U.S. Federal Reserve will likely take repressive actions. \u201cconsiderable danger ahead\u201d BTC in 2023&#8217;s second half.<\/p>\n<p>In the meantime, Galaxy Digital Holdings CEO Mike Novogratz seems more optimistic in the short-term.<\/p>\n<p>Novogratz said the following at a Bank of America conference in February 2015.\u00a0<a href=\"https:\/\/cointelegraph.com\/news\/galaxy-digital-ceo-wouldn-t-be-surprised-if-bitcoin-hit-30k-this-quarter\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/galaxy-digital-ceo-wouldn-t-be-surprised-if-bitcoin-hit-30k-this-quarter\/amp\">there\u2019s a chance BTC could hit $30,000 by the end of March. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price (BTC)\u00a0has reached a new 2023 high of $25,000 after surging over much of January. The last time Bitcoin\u2019s price was around $25,000 was around mid-June, on its way down to between $19,000 and $21,000, where it then hovered for several months,\u00a0According Get data from CoinGecko BTC&#8217;s price has risen by double digits &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1850468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[15695,8016,4254,7145,12027],"class_list":["post-1850465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-25k","tag-8016","tag-bitcoin","tag-price","tag-tops"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1850465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1850465"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1850465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1850468"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1850465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1850465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1850465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}