{"id":12419,"date":"2021-09-21T11:04:17","date_gmt":"2021-09-21T15:04:17","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=12419"},"modified":"2021-09-22T08:54:06","modified_gmt":"2021-09-22T12:54:06","slug":"bitcoin-ether-fall-as-market-selloff-widens","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/bitcoin-ether-fall-as-market-selloff-widens\/","title":{"rendered":"Bitcoin, Ether Fall as Market Selloff Widens"},"content":{"rendered":"\n<p>Cryptocurrency prices slumped on Monday amid speculation about risks to the global economy from the troubles of Chinese property group Evergrande.<\/p>\n\n\n\n<p>Bitcoin, the world&#8217;s largest and most prominent cryptocurrency, fell to $42,453.97, its lowest level since August 7 before easing some losses and falling 7.4% at $43,745. It nearly hit a four-month high above $52,000 on September 6.<\/p>\n\n\n\n<p>Smaller rival Ether, the coin linked to blockchain network Ethereum, fell more than 10% below $3,000 for the first time since early August and last fell 7.6% to $3,071.<\/p>\n\n\n\n<p>The market capitalization of the cryptocurrency market fell 10% on Monday to below $1.94 trillion from $2.17 trillion last Saturday.<\/p>\n\n\n\n<p>The fall in the value of cryptocurrencies comes at a time when institutional interest in the space has grown, and many investment banks have turned bullish on their forecasts for cryptocurrencies in the coming months.<\/p>\n\n\n\n<p>For more information, you may view the original story from Reuters.<\/p>\n\n\n<p>For more information, view the <a href=\"https:\/\/www.reuters.com\/technology\/cryptocurrencies-slide-market-selloff-deepens-2021-09-20\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> from Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency prices slumped on Monday amid speculation about risks to the global economy from the troubles of Chinese property group Evergrande.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[124],"class_list":["post-12419","post","type-post","status-publish","format-standard","hentry","category-todays-news","tag-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=12419"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12419\/revisions"}],"predecessor-version":[{"id":12443,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12419\/revisions\/12443"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=12419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=12419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=12419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}