{"id":858959,"date":"2024-09-24T08:49:56","date_gmt":"2024-09-24T03:19:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=858959"},"modified":"2024-09-24T08:50:06","modified_gmt":"2024-09-24T03:20:06","slug":"bitcoin-surpasses-63000-to-one-month-high-whats-behind-the-rally","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/24\/bitcoin-surpasses-63000-to-one-month-high-whats-behind-the-rally\/","title":{"rendered":"Bitcoin surpasses $63,000 to one-month high; What\u2019s behind the rally?"},"content":{"rendered":"<p>Bitcoin stood out as it surged to one-month highs on Monday, continuing its rally following last week&#8217;s substantial rate cut by the Federal Reserve. Meanwhile, the yen fell further in markets that were quieter due to a Japanese holiday.<\/p>\n<p>By 12:27 pm IST, Bitcoin had climbed 1.3% to $63,703, and Ethereum had risen by 3% to $2,656. Other notable increases included BNB up 1.9%, Solana up 0.3%, Toncoin surging 1%, Cardano rising 1.3%, Avalanche gaining 2.2%, and NEAR Protocol jumping 9%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin stood out as it surged to one-month highs on Monday, continuing its rally following last week&#8217;s substantial rate cut by the Federal Reserve. Meanwhile, the yen fell further in markets that were quieter due to a Japanese holiday. By 12:27 pm IST, Bitcoin had climbed 1.3% to $63,703, and Ethereum had risen by 3% to $2,656. Other notable increases included BNB up 1.9%, Solana up 0.3%, Toncoin surging 1%, Cardano rising 1.3%, Avalanche gaining 2.2%, and NEAR Protocol jumping 9%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-858959","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=858959"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858959\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=858959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=858959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=858959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}