{"id":55168,"date":"2021-11-19T01:34:14","date_gmt":"2021-11-18T21:34:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55168"},"modified":"2021-11-19T01:34:17","modified_gmt":"2021-11-18T21:34:17","slug":"bitcoin-falls-as-congress-battle-takes-off","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-falls-as-congress-battle-takes-off\/11\/19\/market-updates\/","title":{"rendered":"Bitcoin Falls as Congress Battle Takes Off"},"content":{"rendered":"\n<p>Bitcoin continued to slide on Thursday, trading down more than 2% and falling as low as $58,283. The most famous cryptocurrency is now very apart from its highs around $69,000, recorded on November 10.<br><br>US Congress is pushing some of the most sharply divergent views on cryptocurrencies. Speaking at a Congressional hearing, Democrats argue that the markets have become rife with manipulation, fraud, and \u201cstable-coin\u201d tokens that could actually destabilize the broader financial system.<br><br>\u201cDigital assets are laying the foundation for turmoil of the economy to invest in this market,\u201d said Rep. Don Beyer, Chairman of the Joint Economic Committee, in a statement. Yet cryptos \u201ccreate significant consumer protection issues,\u201d he warned. <br><br>The heightened scrutiny in Washington may be creating more unease among crypto investors, and it could be one of several factors impacting the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin continued to slide on Thursday, trading down more than 2% and falling as low as $58,283. The most famous cryptocurrency is now very apart from its highs around $69,000, recorded on November 10.US Congress is pushing some of the most sharply divergent views on cryptocurrencies. Speaking at a Congressional hearing, Democrats argue that the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31837,"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":[6904,7272,8084],"class_list":["post-55168","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-congress","tag-fraud"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55168","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=55168"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55168\/revisions"}],"predecessor-version":[{"id":55172,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55168\/revisions\/55172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31837"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}