{"id":88704,"date":"2024-07-05T01:16:04","date_gmt":"2024-07-05T05:16:04","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88704"},"modified":"2024-07-05T01:24:31","modified_gmt":"2024-07-05T05:24:31","slug":"bitcoin-slides-to-two-month-low-as-fed-signals-its-not-ready-to-cut-rates-yet","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/bitcoin-slides-to-two-month-low-as-fed-signals-its-not-ready-to-cut-rates-yet.html","title":{"rendered":"Bitcoin slides to two-month low as Fed signals it\u2019s not ready to cut rates yet"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">Bitcoin\u2019s<\/a>\u00a0price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank isn\u2019t yet ready to cut interest rates. At around 2:30 p.m. London time, the digital currency fell around 5% in 24 hours to $56,837, falling below the $57,000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/07\/04\/bitcoin-btc-price-slides-to-2-month-low-after-fed-meeting-minutes.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bitcoin\u2019s\u00a0price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank isn\u2019t yet ready to cut interest rates. At around 2:30 p.m. London time, [&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-88704","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88704","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=88704"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88704\/revisions"}],"predecessor-version":[{"id":88705,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88704\/revisions\/88705"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}