{"id":88954,"date":"2024-08-05T00:10:39","date_gmt":"2024-08-05T04:10:39","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88954"},"modified":"2024-08-04T23:58:35","modified_gmt":"2024-08-05T03:58:35","slug":"crypto-selloff-wipes-out-270-billion-in-value-as-bitcoin-ether-plunge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2024\/crypto-selloff-wipes-out-270-billion-in-value-as-bitcoin-ether-plunge.html","title":{"rendered":"Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge"},"content":{"rendered":"\n<p>(CNBC) The cryptocurrency market plummeted in value on Sunday, as investors continued selling out of risky assets. Led by a drop of 11% in bitcoin in the past 24 hours and a 21% plunge in ether, the overall value of cryptocurrencies sank by about $270 billion, according to\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.coingecko.com\/\" target=\"_blank\">CoinGecko<\/a>\u00a0data.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/08\/04\/crypto-plunge-wipes-out-270-billion-in-value-as-bitcoin-ether-plunge.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The cryptocurrency market plummeted in value on Sunday, as investors continued selling out of risky assets. Led by a drop of 11% in bitcoin in the past 24 hours and a 21% plunge in ether, the overall value of [&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-88954","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88954","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=88954"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88954\/revisions"}],"predecessor-version":[{"id":88955,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88954\/revisions\/88955"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}