{"id":3135,"date":"2021-04-26T18:55:12","date_gmt":"2021-04-26T17:55:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3135"},"modified":"2021-04-26T18:55:15","modified_gmt":"2021-04-26T17:55:15","slug":"bitcoin-bounces-back-as-market-jitters-ease","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoin-bounces-back-as-market-jitters-ease\/","title":{"rendered":"Bitcoin bounces back as market jitters ease"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">On Monday morning, after a short eight week low(<a href=\"http:\/\/google.com\/dip\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">dip<\/a>) on Sunday night, the value of <a href=\"https:\/\/coinscreed.com\/staging\/bidens-presidency-may-become-a-big-negative-factor-for-bitcoin.html\" class=\"rank-math-link\">Bitcoin<\/a> has boomed.<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"672\" height=\"311\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/672z311_1619434129_2021-04-26-11-48-49_f6f87f39fb3d52afb410e4d4fe1c2f16-1.jpg\" alt=\"\" class=\"wp-image-3137\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/672z311_1619434129_2021-04-26-11-48-49_f6f87f39fb3d52afb410e4d4fe1c2f16-1.jpg 672w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/672z311_1619434129_2021-04-26-11-48-49_f6f87f39fb3d52afb410e4d4fe1c2f16-1-300x139.jpg 300w\" sizes=\"(max-width: 672px) 100vw, 672px\" \/><\/figure><\/div>\n\n\n\n<p>Late mornings trade accounted for approximately US$53,479 for the initial blockchain, up 7.4% in the last 24 hours. Late Sunday night, the rebound preceded a sudden deep dip and saw the Bitcoin price reaching briefly US$48,452.<\/p>\n\n\n\n<p>Since last Thursday, Bitcoin's sharp rises have essentially eliminated all Bitcoin loss, with the new rally potentially caused by a little more good news for crypto markets than last week which saw the US administration's regulatory concerns roused the market and higher taxes on the rich and capital gains.<\/p>\n\n\n\n<p>On Sunday afternoon, the head of the country's central bank \u0160ahap Kavac\u0131o\u011flia revoked a complete prohibition of cryptocurrencies in Turkey. There might have been a glimmer of light.<\/p>\n\n\n\n<p>In spite of the absence of a direct ban, Turkey is nevertheless still preparing for a new set of restrictions on the use of digital currency, including preventing the use of cryptography as a means of payment in order to prevent large sums of cash leaving the country.<\/p>\n\n\n\n<p>The central bank is also likely to limit the use of cryptography to stop the fall-out value of the Turkish lira. President Recep Tayyip Erdogan has condemned it.<\/p>\n\n\n\n<p>Followed by other big cryptocurrencies on Monday morning, Bitcoin's rise saw Ethers rise 9.9 percent to US$2,491, while XRP, also called Ripple, increased to US$1,18, 13.3 percent, and Litecoin rise to US$244,59, up 8.2 percent. One outlier was Dogecoin crypto-inspired by meme, which has gone up to US$0.26 by 2.6 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday morning, after a short eight week low(dip) on Sunday night, the value of Bitcoin has boomed. Late mornings trade accounted for approximately US$53,479 for the initial blockchain, up 7.4% in the last 24 hours. Late Sunday night, the rebound preceded a sudden deep dip and saw the Bitcoin price reaching briefly US$48,452. Since [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":3136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,76],"tags":[149],"class_list":["post-3135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-bitcoin-price","tag-btc"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/672z311_1619434129_2021-04-26-11-48-49_f6f87f39fb3d52afb410e4d4fe1c2f16.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3135"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/3136"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}