{"id":56347,"date":"2021-12-07T15:35:00","date_gmt":"2021-12-07T11:35:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=56347"},"modified":"2021-12-07T17:44:55","modified_gmt":"2021-12-07T13:44:55","slug":"bitcoin-continues-to-decline-more-than-3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-continues-to-decline-more-than-3\/12\/07\/market-updates\/","title":{"rendered":"Bitcoin Continues to Decline More Than 3%"},"content":{"rendered":"\n<p>Bitcoin continued its decline after a strong decline on Saturday and fell on Monday by more than 3% to settle around $47,700 levels.<\/p>\n\n\n\n<p>Bitcoin lost about a fifth of its value during trading on Saturday, and some attributed this strong decline to profit-taking and global fears, but then managed to recover some points to settle below the $5,000 levels.<\/p>\n\n\n\n<p>Cryptocurrencies recorded notable declines over the weekend in response to the US Federal Reserve&#8217;s indications last week that it should act to accelerate the pace of reducing asset purchases. These declines also came as a result of the wave of sales witnessed by the US stock markets, especially after the release of the US employment report for the non-farm employment index, which came less than expected. In addition to fears of the spread of the new mutant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin continued its decline after a strong decline on Saturday and fell on Monday by more than 3% to settle around $47,700 levels. Bitcoin lost about a fifth of its value during trading on Saturday, and some attributed this strong decline to profit-taking and global fears, but then managed to recover some points to settle &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32788,"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":[6904,7195,6903,8008,6987,6984],"class_list":["post-56347","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-bonds","tag-cryptocurrencies","tag-hedge","tag-inflation","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56347","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=56347"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56347\/revisions"}],"predecessor-version":[{"id":56348,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56347\/revisions\/56348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32788"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}