{"id":887318,"date":"2024-12-13T08:38:56","date_gmt":"2024-12-13T03:08:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=887318"},"modified":"2024-12-13T08:55:28","modified_gmt":"2024-12-13T03:25:28","slug":"bitcoin-crosses-101000-amid-optimism-over-us-inflation-data-likely-pushing-a-fed-rate-cut-decision","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/13\/bitcoin-crosses-101000-amid-optimism-over-us-inflation-data-likely-pushing-a-fed-rate-cut-decision\/","title":{"rendered":"Bitcoin crosses $101,000 amid optimism over US inflation data likely pushing a Fed rate cut decision"},"content":{"rendered":"<p>The world&#8217;s biggest cryptocurrency Bitcoin, has resumed its way past the $100,000 level on December 12, as the recent United States inflation data increased likelihood of the Federal Reserve (Fed) deciding on an interest rate cut, according to a Bloomberg report. <\/p>\n<p>Since US President-elect Donald Trump&#8217;s election victory, Bitcoin has surged by significant levels. Further, Trump\u2019s moves to undo crackdowns on the sector imposed by Joe Biden&#8217;s administration has driven the rally, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s biggest cryptocurrency Bitcoin, has resumed its way past the $100,000 level on December 12, as the recent United States inflation data increased likelihood of the Federal Reserve (Fed) deciding on an interest rate cut, according to a Bloomberg report. Since US President-elect Donald Trump&#8217;s election victory, Bitcoin has surged by significant levels. Further, Trump\u2019s moves to undo crackdowns on the sector imposed by Joe Biden&#8217;s administration has driven the rally, it added.<\/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-887318","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\/887318","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=887318"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887318\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=887318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=887318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=887318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}