{"id":56220,"date":"2021-12-04T04:11:47","date_gmt":"2021-12-04T00:11:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=56220"},"modified":"2021-12-04T04:11:52","modified_gmt":"2021-12-04T00:11:52","slug":"fed-warning-detonates-usd-300-billion-worth-cryptos","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/fed-warning-detonates-usd-300-billion-worth-cryptos\/12\/04\/market-updates\/","title":{"rendered":"Fed Warning Detonates USD 300 Billion Worth Cryptos"},"content":{"rendered":"\n<p>A sudden bitcoin and crypto selloff has followed a warning made by famed investor Louis Navellier that widely-expected Federal Reserve taper will potentially burst the bitcoin and crypto bubble.<br><br>Bitcoin and cryptocurrency prices have fallen sharply, wiping around $300 billion worth of value from the combined crypto market in just two days.<br><br>The bitcoin price dropped to around $51,000 per bitcoin after trading around $69,000 just weeks ago, in a fall of almost 30%. <br><br>The latest move lower has seen other major cryptocurrencies, including Binance&#8217;s BNB, Ethereum, Cardano Ripple and Solana, as loss of each recorded almost 10% within only 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A sudden bitcoin and crypto selloff has followed a warning made by famed investor Louis Navellier that widely-expected Federal Reserve taper will potentially burst the bitcoin and crypto bubble.Bitcoin and cryptocurrency prices have fallen sharply, wiping around $300 billion worth of value from the combined crypto market in just two days.The bitcoin price dropped to &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53219,"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":[6904,6903,6905,6885,6921,8225,7567],"class_list":["post-56220","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-cryptocurrencies","tag-ethereum","tag-fed","tag-ripple","tag-solana","tag-taper"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56220","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=56220"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56220\/revisions"}],"predecessor-version":[{"id":56224,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56220\/revisions\/56224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53219"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}