{"id":47556,"date":"2021-10-05T15:44:50","date_gmt":"2021-10-05T19:44:50","guid":{"rendered":"https:\/\/euvolution.com\/open-source-convergence\/uncategorized\/bitcoin-soars-5-to-trade-above-50000-for-first-time-in-a-month-cnbctv18.php"},"modified":"2021-10-05T15:44:50","modified_gmt":"2021-10-05T19:44:50","slug":"bitcoin-soars-5-to-trade-above-50000-for-first-time-in-a-month-cnbctv18","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/bitcoin\/bitcoin-soars-5-to-trade-above-50000-for-first-time-in-a-month-cnbctv18.php","title":{"rendered":"Bitcoin soars 5% to trade above $50,000 for first time in a month – CNBCTV18"},"content":{"rendered":"

Bitcoin, the world's largest cryptocurrency by market cap, surged over $50,000 for the first time since the first week of September. It soared over 5 percent to hit $50,274 on Tuesday. The coin has surged 20 percent in the last seven days.<\/p>\n

It had last surged to the psychological level of $50,000 on Bitcoin Day -- the day El Salvador became the first nation in the world to make it a legal currency. However, the coin had quickly lost steam hitting as low as $40,000.<\/p>\n

Altcoins, other coins besides Bitcoin, followed the upmove. Ether, the coin based on Ethereum blockchain surged over 2 percent to hit $3,441. Binance Coin, the third-largest coin surged over 5 percent to hit $439. Cardano also soared over 3 percent.<\/p>\n

Also Read |<\/p>\n

Dogecoin, also called the meme coin surged over 10 percent in the last 24 hours, trading at $23. The coin has soared nearly 20 percent in the past week.<\/p>\n

Cryptocurrency investment products and funds recorded inflows for a seventh straight week, as institutional investors warmed to more supportive statements from regulators, data from digital asset manager CoinShares showed on Monday.<\/p>\n

(Edited by : Yashi Gupta)<\/p>\n

First Published:Oct 05, 2021, 04:38 PM IST<\/p>\n

<\/p>\n

Excerpt from:
\nBitcoin soars 5% to trade above $50,000 for first time in a month - CNBCTV18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin, the world's largest cryptocurrency by market cap, surged over $50,000 for the first time since the first week of September. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24697],"tags":[],"class_list":["post-47556","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/47556"}],"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=47556"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/47556\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=47556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=47556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=47556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}