{"id":88232,"date":"2024-05-15T00:27:36","date_gmt":"2024-05-15T04:27:36","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88232"},"modified":"2024-05-14T23:57:21","modified_gmt":"2024-05-15T03:57:21","slug":"why-bitcoin-hasnt-joined-the-latest-meme-stock-craze-this-week","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/why-bitcoin-hasnt-joined-the-latest-meme-stock-craze-this-week.html","title":{"rendered":"Why bitcoin hasn\u2019t joined the latest meme stock craze this week"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">Bitcoin<\/a>\u00a0isn\u2019t running alongside meme stocks as it did three years ago, although this week\u2019s stock market action might indicate a big crypto rally is on its way. GameStop and fellow meme stock AMC Entertainment are each up more than 160% over the past two days. Meanwhile, bitcoin is little changed, down just 0.1% in the same period, according Coin Metrics. In 2021, by contrast, GameStop and AMC rallied 821% and 373%, respectively, from January through April. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/14\/why-bitcoin-hasnt-joined-the-latest-meme-stock-craze-this-week-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bitcoin\u00a0isn\u2019t running alongside meme stocks as it did three years ago, although this week\u2019s stock market action might indicate a big crypto rally is on its way. GameStop and fellow meme stock AMC Entertainment are each up more than [&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-88232","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88232","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=88232"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88232\/revisions"}],"predecessor-version":[{"id":88233,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88232\/revisions\/88233"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}