{"id":87547,"date":"2024-03-06T01:47:18","date_gmt":"2024-03-06T06:47:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87547"},"modified":"2024-03-06T01:40:29","modified_gmt":"2024-03-06T06:40:29","slug":"bitcoin-rises-to-record-above-69000-then-quickly-tumbles-8","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2024\/bitcoin-rises-to-record-above-69000-then-quickly-tumbles-8.html","title":{"rendered":"Bitcoin rises to record above $69,000, then quickly tumbles 8%"},"content":{"rendered":"\n<p>(CNBC) The price of the cryptocurrency topped $69,210 on Tuesday according to Coin Metrics, and then quickly pulled back. The losses deepened in late afternoon trading. It was last trading lower by 8% at $61,973.37. However, with bitcoin on a hot streak, up 45% this year already, investors have cautioned that things could soon cool as <a href=\"https:\/\/www.cnbc.com\/2024\/03\/03\/march-crypto-outlook.html\">unrealized profit margins approach extreme levels<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/03\/05\/bitcoin-all-time-high.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The price of the cryptocurrency topped $69,210 on Tuesday according to Coin Metrics, and then quickly pulled back. The losses deepened in late afternoon trading. It was last trading lower by 8% at $61,973.37. However, with bitcoin on a [&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-87547","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87547","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=87547"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87547\/revisions"}],"predecessor-version":[{"id":87548,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87547\/revisions\/87548"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}