{"id":16461,"date":"2022-05-11T13:55:08","date_gmt":"2022-05-11T13:55:08","guid":{"rendered":"http:\/\/egrowonline.com\/?p=16461"},"modified":"2022-05-11T13:55:08","modified_gmt":"2022-05-11T13:55:08","slug":"bitcoin-plunges-7-to-11-month-low-near-29000","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=16461","title":{"rendered":"Bitcoin plunges 7% to 11-month low near $29,000"},"content":{"rendered":"


\n<\/p>\n

\n

Bitcoin
\n BTCUSD,
\n +0.95%<\/a>
\n plunged 7% to as low as $29,100 Wednesday, the lowest level since June 2021. The cryptocurrency lost almost $2,500 during the past hour, while it is down about 58% from its all-time high in November, according to CoinDesk data. Ether
\n ETHUSD,
\n +0.82%<\/a>
\n declined 8% to as low as $2,127. Investors are watching the rescue plan to be conducted to support a so-called algorithmic stablecoin TerraUSD, which fell to as low as 23 cents on the dollar on Wednesday, before it rebounded to around 33 cents. <\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin BTCUSD, +0.95% plunged 7% to as low as $29,100 Wednesday, the lowest level since June 2021. The cryptocurrency lost almost $2,500 during the past hour, while it is down about 58% from its all-time high in November, according to CoinDesk data. Ether ETHUSD, +0.82% declined 8% to as low as $2,127. Investors are watching […]<\/p>\n","protected":false},"author":1,"featured_media":16462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[8045,50,971],"class_list":["post-16461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-11month","tag-bitcoin","tag-plunges"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/05\/MW-GP644_MicroS_ZG_20180906154215.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16461"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16461\/revisions"}],"predecessor-version":[{"id":16463,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16461\/revisions\/16463"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/16462"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16461"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}