{"id":971910,"date":"2025-11-05T09:26:26","date_gmt":"2025-11-05T03:56:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=971910"},"modified":"2025-11-05T10:21:28","modified_gmt":"2025-11-05T04:51:28","slug":"bitcoin-plummets-below-100000-for-the-first-time-since-june-why-are-cryptocurrency-prices-dropping","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/05\/bitcoin-plummets-below-100000-for-the-first-time-since-june-why-are-cryptocurrency-prices-dropping\/","title":{"rendered":"Bitcoin plummets below $100,000 for the first time since June \u2013 Why are cryptocurrency prices dropping?"},"content":{"rendered":"<p>Bitcoin wiped out its massive summer rally this week \u2014 dropping well below the $100,000 mark on Tuesday. The cryptocurrency fell as much as 7.4% to hit a five-month low of $96,794 amid a broader decline for the crypto market. Investors have gradually pulled away from riskier assets as the US Federal Reserve hesitantly approaches interest rate cuts. A brutal wave of liquidations had also wiped out billions in bullish positions for cryptocurrency investors in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin wiped out its massive summer rally this week \u2014 dropping well below the $100,000 mark on Tuesday. The cryptocurrency fell as much as 7.4% to hit a five-month low of $96,794 amid a broader decline for the crypto market. Investors have gradually pulled away from riskier assets as the US Federal Reserve hesitantly approaches interest rate cuts. A brutal wave of liquidations had also wiped out billions in bullish positions for cryptocurrency investors in October.<\/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":[63,4,12],"tags":[],"class_list":["post-971910","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971910","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=971910"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971910\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=971910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=971910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=971910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}