{"id":87042,"date":"2024-01-12T00:11:00","date_gmt":"2024-01-12T05:11:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87042"},"modified":"2024-01-12T00:11:16","modified_gmt":"2024-01-12T05:11:16","slug":"bitcoin-rallies-to-2-year-high-of-49000-then-fizzles-as-crypto-etfs-debut","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2024\/bitcoin-rallies-to-2-year-high-of-49000-then-fizzles-as-crypto-etfs-debut.html","title":{"rendered":"Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut"},"content":{"rendered":"\n<p>(CNBC) The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the price of <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\">ether<\/a> jumped 5% to May 2022 highs. It last traded at $2,594.60. The ETF approval is a landmark victory for the crypto industry, which first sought to launch a bitcoin ETF more than 10 years ago.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/01\/10\/bitcoin-falls-ether-surges-after-sec-greenlights-launch-of-us-bitcoin-etfs.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the price of ether jumped 5% to May 2022 highs. It last traded at [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87042","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87042"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87042\/revisions"}],"predecessor-version":[{"id":87043,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87042\/revisions\/87043"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}