{"id":41386,"date":"2021-02-11T23:48:21","date_gmt":"2021-02-11T19:48:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41386"},"modified":"2021-02-11T23:48:22","modified_gmt":"2021-02-11T19:48:22","slug":"bitcoin-maintains-large-gains-near-48000","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-maintains-large-gains-near-48000\/02\/11\/market-updates\/","title":{"rendered":"Bitcoin Maintains Large Gains Near $48,000"},"content":{"rendered":"\n<p>Bitcoin surged on Thursday to a new all-time high, supported by increased demand from institutional investors.<\/p>\n\n\n\n<p>The world\u2019s largest cryptocurrency rose earlier today above the $48,000 level for the very first time, setting a new record near $48,300.<\/p>\n\n\n\n<p>Now, the digital currency is trading at $47,933, up by about 6.4% over the past 24 hours, extending its gains over the past seven days to about 28.6%.<\/p>\n\n\n\n<p>A recent report by Ark Invest noted that Bitcoin could go as high as $535,000 if corporate buyers convert 10% of their cash reserves to the biggest cryptocurrency in terms of market cap.<\/p>\n\n\n\n<p>Tesla, the leading manufacturer of electric cars, owned by billionaire Elon Musk, recently invested $1.5 billion in Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin surged on Thursday to a new all-time high, supported by increased demand from institutional investors. The world\u2019s largest cryptocurrency rose earlier today above the $48,000 level for the very first time, setting a new record near $48,300. Now, the digital currency is trading at $47,933, up by about 6.4% over the past 24 hours, &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904],"class_list":["post-41386","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41386"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41386\/revisions"}],"predecessor-version":[{"id":41387,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41386\/revisions\/41387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32004"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}