{"id":57996,"date":"2022-01-07T13:41:52","date_gmt":"2022-01-07T09:41:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=57996"},"modified":"2022-01-07T13:41:55","modified_gmt":"2022-01-07T09:41:55","slug":"bitcoin-drops-to-lowest-level-since-september","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-drops-to-lowest-level-since-september\/01\/07\/market-updates\/","title":{"rendered":"Bitcoin Drops to Lowest Level Since September"},"content":{"rendered":"\n<p>On Friday, Bitcoin fell more than five percent to its lowest level since the end of September, falling below $41,000 in a broader sell-off in cryptocurrencies.<\/p>\n\n\n\n<p>Bitcoin fell 3.7 percent in its last trading after touching $40,938, its lowest since September 29.<\/p>\n\n\n\n<p>The world&#8217;s largest cryptocurrency has lost more than 40 percent of its value since hitting a record high of $69,000 in November.<\/p>\n\n\n\n<p>Bitcoin was hit this week in the wake of an internet outage in Kazakhstan due to an escalating wave of protests, which negatively affected the country&#8217;s fast-growing cryptocurrency mining.<\/p>\n\n\n\n<p>Bitcoin also faced pressure after announcing the facts of the latest US central bank meeting on Wednesday, which appears to be heading to tighten monetary policy further, undermining investors&#8217; appetite for risky assets.<\/p>\n\n\n\n<p>Ether, the second largest cryptocurrency, fell about 8.6 percent to $3,114, its lowest since October 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, Bitcoin fell more than five percent to its lowest level since the end of September, falling below $41,000 in a broader sell-off in cryptocurrencies. Bitcoin fell 3.7 percent in its last trading after touching $40,938, its lowest since September 29. The world&#8217;s largest cryptocurrency has lost more than 40 percent of its value &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54501,"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":[6904,7344,6903,6905,8411],"class_list":["post-57996","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-coinbase","tag-cryptocurrencies","tag-ethereum","tag-luna"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57996","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=57996"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57996\/revisions"}],"predecessor-version":[{"id":57997,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57996\/revisions\/57997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54501"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=57996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=57996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=57996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}