{"id":6750,"date":"2021-07-26T22:20:07","date_gmt":"2021-07-26T21:20:07","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=6750"},"modified":"2021-07-26T22:20:13","modified_gmt":"2021-07-26T21:20:13","slug":"bitcoin-trades-at-40000-for-the-first-time-in-over-a-month","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoin-trades-at-40000-for-the-first-time-in-over-a-month\/","title":{"rendered":"Bitcoin trades at $40,000 for the first time in over a month"},"content":{"rendered":"\n
The price of bitcoin surpassed $40,000 on Monday, marking the first time the market<\/a> has done so since mid-June.<\/h5>\n\n\n\n
\"Bitcoin<\/figure><\/div>\n\n\n\n

At the time of writing, the cryptocurrency was trading at $40,085\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> on Coinbase, up more than 17% in the last 24 hours. Bitcoin's price last rose above $40,000 on June 16, as shown in the graph below.<\/p>\n\n\n\n

According to The Block, the market move comes only hours after bitcoin's rise above $39,000 sparked the liquidation of $883 million in crypto short bets. With $720 million liquidated, 81 percent of those liquidations were related to bitcoin short holdings.<\/p>\n\n\n\n

\"\"
Source: TradingView<\/figcaption><\/figure><\/div>\n\n\n\n

Market watchers attributed the price movement to a variety of causes, including speculation regarding Amazon's interest in cryptocurrencies<\/a> and Chinese regulators' continuous investigation of the market.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The price of bitcoin surpassed $40,000 on Monday, marking the first time the market has done so since mid-June. At the time of writing, the cryptocurrency was trading at $40,085 on Coinbase, up more than 17% in the last 24 hours. Bitcoin’s price last rose above $40,000 on June 16, as shown in the graph […]<\/p>\n","protected":false},"author":12,"featured_media":6752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,76,25],"tags":[152,484,277],"class_list":["post-6750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-bitcoin-price","category-market-analysis","tag-bitcoin","tag-bitcoin-price","tag-trading"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Bitcoin-trades-at-40-000-for-the-first-time-in-over-a-month.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6750","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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=6750"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6752"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=6750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=6750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=6750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}