{"id":42313,"date":"2020-07-28T17:54:55","date_gmt":"2020-07-28T21:54:55","guid":{"rendered":"https:\/\/www.opensource.im\/uncategorized\/bitcoin-surges-past-8400-as-investors-look-for-safe-haven-the-telegraph.php"},"modified":"2020-07-28T17:54:55","modified_gmt":"2020-07-28T21:54:55","slug":"bitcoin-surges-past-8400-as-investors-look-for-safe-haven-the-telegraph","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/bitcoin-surges-past-8400-as-investors-look-for-safe-haven-the-telegraph.php","title":{"rendered":"Bitcoin surges past 8,400 as investors look for &#8216;safe haven&#8217; &#8211; The Telegraph"},"content":{"rendered":"<p><p>Bitcoin's price has remained steady,for months but it moved above the $10,000 mark on Sunday for the first time since June. It still remains some way off its December 2017 high of $19,166.<\/p>\n<p>Coindesk, the cryptocurrency trading app, reported that the expectation of Bitcoin returning to that high has improved in recent months, with the probability of it breaching $20,000 before the end of the year placed at 7pc.<\/p>\n<p>Joe DiPasquale, chief executive of cryptocurrency investor BitBull,said that there were significant changes in the way institutional investors viewed Bitcoin since March.<\/p>\n<p>Now that institutions have moved into Bitcoin in 2020, the price has shown more support over the last couple of months, Mr DiPasquale said in an interview with Forbes.<\/p>\n<p>We will not see a repeat of the March crash, but bitcoin will still remain somewhat more volatile than equities.\"<\/p>\n<p>Crypto trading is becoming increasingly commonplace among investors with fintechs like Revolut offering the option for customers to buy into the currency.<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>The rest is here:<br \/>\n<a target=\"_blank\" href=\"https:\/\/www.telegraph.co.uk\/technology\/2020\/07\/28\/bitcoin-surges-past-8400-investors-look-safe-haven\/\" title=\"Bitcoin surges past 8,400 as investors look for 'safe haven' - The Telegraph\" rel=\"noopener noreferrer\">Bitcoin surges past 8,400 as investors look for 'safe haven' - The Telegraph<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Bitcoin's price has remained steady,for months but it moved above the $10,000 mark on Sunday for the first time since June. It still remains some way off its December 2017 high of $19,166<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-42313","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/42313"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=42313"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/42313\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=42313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=42313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=42313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}