{"id":348005,"date":"2023-08-09T09:09:26","date_gmt":"2023-08-09T04:09:26","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=348005"},"modified":"2023-08-09T09:09:26","modified_gmt":"2023-08-09T04:09:26","slug":"bitcoin-rises-to-29317-in-range-bound-session","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/","title":{"rendered":"Bitcoin rises to $29,317 in range-bound session"},"content":{"rendered":"<p>digital currency<br \/>\n ISLAMABAD<br \/>\nThe cryptocurrency market continued to be range-bound on Tuesday, with the market cap gaining 0.4 percent to reach $1.21 trillion. As of 1155 hours GMT, Bitcoin, the world\u2019s oldest and most valued cryptocurrency, made a gain of 1 percent in the last 24 hours to reach $29,317. The market capitalization of the biggest crypto has reached $570.3 billion with this increase. Bitcoin has been 1.4 percent up in the past seven days. The price of BTC has been following a descending parallel channel after reaching its highest point of the year at $31,800 on July 13. This decline reached a low of $28,585 on August 1. During the previous session, BTC briefly fell below $29,000 but quickly rebounded. This phenomenon could potentially find its roots in the recent launch of PayPal\u2019s stablecoin, PYUSD, a digital asset pegged to the US dollar. Additionally, the surge in Bitcoin\u2019s price might be attributed to bullish traders closely observing the impending US July Consumer Price Index report to identify consistent inflation trends. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>digital currency ISLAMABAD The cryptocurrency market continued to be range-bound on Tuesday, with the market cap gaining 0.4 percent to reach $1.21 trillion. As of 1155 hours GMT, Bitcoin, the world\u2019s oldest and most valued cryptocurrency, made a gain of 1 percent in the last 24 hours to reach $29,317. The market capitalization of the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":208529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[172],"class_list":{"0":"post-348005","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin rises to $29,317 in range-bound session<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin rises to $29,317 in range-bound session\" \/>\n<meta property=\"og:description\" content=\"digital currency ISLAMABAD The cryptocurrency market continued to be range-bound on Tuesday, with the market cap gaining 0.4 percent to reach $1.21 trillion. As of 1155 hours GMT, Bitcoin, the world\u2019s oldest and most valued cryptocurrency, made a gain of 1 percent in the last 24 hours to reach $29,317. The market capitalization of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-09T04:09:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"457\" \/>\n\t<meta property=\"og:image:height\" content=\"247\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/\"},\"author\":{\"name\":\"Web Desk\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\"},\"headline\":\"Bitcoin rises to $29,317 in range-bound session\",\"datePublished\":\"2023-08-09T04:09:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/\"},\"wordCount\":167,\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/Page-6-3.jpg\",\"keywords\":[\"Bitcoin\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/\",\"name\":\"Bitcoin rises to $29,317 in range-bound session\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/Page-6-3.jpg\",\"datePublished\":\"2023-08-09T04:09:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#primaryimage\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/Page-6-3.jpg\",\"contentUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/Page-6-3.jpg\",\"width\":457,\"height\":247},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/bitcoin-rises-to-29317-in-range-bound-session\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin rises to $29,317 in range-bound session\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"name\":\"Daily Lead Pakistan\",\"description\":\"Daily Lead Pakistan\",\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\",\"name\":\"Daily lead Pakistan\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"contentUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"width\":1000,\"height\":154,\"caption\":\"Daily lead Pakistan\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/DailyLeadPak\\\/\",\"https:\\\/\\\/x.com\\\/DailyLeadPak\",\"https:\\\/\\\/instagram.com\\\/DailyLeadPak\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\",\"name\":\"Web Desk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"caption\":\"Web Desk\"},\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/author\\\/edt\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin rises to $29,317 in range-bound session","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin rises to $29,317 in range-bound session","og_description":"digital currency ISLAMABAD The cryptocurrency market continued to be range-bound on Tuesday, with the market cap gaining 0.4 percent to reach $1.21 trillion. As of 1155 hours GMT, Bitcoin, the world\u2019s oldest and most valued cryptocurrency, made a gain of 1 percent in the last 24 hours to reach $29,317. The market capitalization of the [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2023-08-09T04:09:26+00:00","og_image":[{"width":457,"height":247,"url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg","type":"image\/jpeg"}],"author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/"},"author":{"name":"Web Desk","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62"},"headline":"Bitcoin rises to $29,317 in range-bound session","datePublished":"2023-08-09T04:09:26+00:00","mainEntityOfPage":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/"},"wordCount":167,"publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#primaryimage"},"thumbnailUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg","keywords":["Bitcoin"],"articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/","url":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/","name":"Bitcoin rises to $29,317 in range-bound session","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#primaryimage"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#primaryimage"},"thumbnailUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg","datePublished":"2023-08-09T04:09:26+00:00","breadcrumb":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#primaryimage","url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg","contentUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2021\/08\/Page-6-3.jpg","width":457,"height":247},{"@type":"BreadcrumbList","@id":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-rises-to-29317-in-range-bound-session\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/leadpakistan.com.pk\/news\/"},{"@type":"ListItem","position":2,"name":"Bitcoin rises to $29,317 in range-bound session"}]},{"@type":"WebSite","@id":"https:\/\/leadpakistan.com.pk\/news\/#website","url":"https:\/\/leadpakistan.com.pk\/news\/","name":"Daily Lead Pakistan","description":"Daily Lead Pakistan","publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/leadpakistan.com.pk\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/leadpakistan.com.pk\/news\/#organization","name":"Daily lead Pakistan","url":"https:\/\/leadpakistan.com.pk\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/","url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","contentUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","width":1000,"height":154,"caption":"Daily lead Pakistan"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DailyLeadPak\/","https:\/\/x.com\/DailyLeadPak","https:\/\/instagram.com\/DailyLeadPak\/"]},{"@type":"Person","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62","name":"Web Desk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","caption":"Web Desk"},"url":"https:\/\/leadpakistan.com.pk\/news\/author\/edt\/"}]}},"_links":{"self":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/348005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/comments?post=348005"}],"version-history":[{"count":1,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/348005\/revisions"}],"predecessor-version":[{"id":348039,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/348005\/revisions\/348039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/media\/208529"}],"wp:attachment":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/media?parent=348005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/categories?post=348005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/tags?post=348005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}