{"id":989215,"date":"2026-02-02T08:38:01","date_gmt":"2026-02-02T03:08:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989215"},"modified":"2026-02-02T08:44:18","modified_gmt":"2026-02-02T03:14:18","slug":"1-6-billion-in-crypto-bets-wiped-out-as-bitcoin-slips-below-80000-investors-turn-to-gold-silver","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/1-6-billion-in-crypto-bets-wiped-out-as-bitcoin-slips-below-80000-investors-turn-to-gold-silver\/","title":{"rendered":"$1.6 billion in crypto bets wiped out as Bitcoin slips below $80,000 \u2013 investors turn to gold, silver"},"content":{"rendered":"<p>Bitcoin saw a sharp decline on Saturday afternoon in New York, sliding below the $80,000 mark for the first time since April 2025. The drop, according to Bloomberg, came as digital assets faced a massive selloff, with weak buying interest and thin trading volumes adding pressure on the market. <\/p>\n<p>The world\u2019s largest cryptocurrency plunged as much as 7.1% during midday trading, touching $78,159.41. The move deepened a long-running slide that has now wiped out more than 30% of Bitcoin\u2019s value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin saw a sharp decline on Saturday afternoon in New York, sliding below the $80,000 mark for the first time since April 2025. The drop, according to Bloomberg, came as digital assets faced a massive selloff, with weak buying interest and thin trading volumes adding pressure on the market. The world\u2019s largest cryptocurrency plunged as much as 7.1% during midday trading, touching $78,159.41. The move deepened a long-running slide that has now wiped out more than 30% of Bitcoin\u2019s value.<\/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-989215","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\/989215","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=989215"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989215\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}