{"id":910092,"date":"2025-02-28T08:52:41","date_gmt":"2025-02-28T03:22:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=910092"},"modified":"2025-02-28T08:58:42","modified_gmt":"2025-02-28T03:28:42","slug":"bitcoin-falls-5-to-83000-mark-declines-20-from-peak-whats-behind-the-plunge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/28\/bitcoin-falls-5-to-83000-mark-declines-20-from-peak-whats-behind-the-plunge\/","title":{"rendered":"Bitcoin falls 5% to $83,000 mark, declines 20% from peak; what\u2019s behind the plunge?"},"content":{"rendered":"<p>The largest cryptocurrency Bitcoin fell over 5 per cent, reaching $83,740 during intra-day trading on Thursday, as the cryptocurrency market experienced selling pressure. <\/p>\n<p>Bitcoin has plunged nearly 20 per cent from its record high since Donald Trump&#8217;s inauguration in January, as his aggressive approach toward both allies and geopolitical rivals has hit investor confidence, sparking a risk-off sentiment. Additionally, a record-breaking hack of the Bybit exchange last week also rattled the crypto market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The largest cryptocurrency Bitcoin fell over 5 per cent, reaching $83,740 during intra-day trading on Thursday, as the cryptocurrency market experienced selling pressure. Bitcoin has plunged nearly 20 per cent from its record high since Donald Trump&#8217;s inauguration in January, as his aggressive approach toward both allies and geopolitical rivals has hit investor confidence, sparking a risk-off sentiment. Additionally, a record-breaking hack of the Bybit exchange last week also rattled the crypto market.<\/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-910092","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\/910092","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=910092"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/910092\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=910092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=910092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=910092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}