{"id":380834,"date":"2024-01-15T01:10:21","date_gmt":"2024-01-14T20:10:21","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=380834"},"modified":"2024-01-15T01:10:21","modified_gmt":"2024-01-14T20:10:21","slug":"bitcoin-falls-below-43000-as-retracement-continues","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-falls-below-43000-as-retracement-continues\/","title":{"rendered":"Bitcoin falls below $43,000 as retracement continues"},"content":{"rendered":"<p>ISLAMABAD: The cryptocurrency market remained mixed on Sunday, with the market capitalization gaining 0.2 percent to reach $1.77 trillion. As of 0900 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, dipped to $42,935 with a decrease of 0.6 percent in the last 24 hours. The market capitalization of the biggest crypto has reached $841 billion with this decrease. Bitcoin has been 2.6 percent up in the past seven days. Before this current wave of profit-taking, Bitcoin peaked at $49,000 &#8211; a level unseen since December 2021 &#8211; only to experience a retracement that wiped out all gained momentum. Currently, Bitcoin consolidates around the $43,000 level, propelled by widespread liquidation of short positions across the market. Optimism prevailed following the recent launch of spot Bitcoin exchange-traded funds (ETFs). On the other hand, Ether (ETH), the world\u2019s second-largest cryptocurrency by market capitalization, slipped by 0.4 percent to reach $2,546. With this decrease in price, the market capitalization of ETH has reached $305.8 billion. ETH has gained 13.2 percent of its value during the last seven days. However, Binance Coin (BNB) price increased by 1.2 percent to reach $304. The market capitalization of BNB has reached $46.7 billion with this increase. BNB has shed 1.7 percent of its value during the last seven days. Following suit, Solana price increased by 4.9 percent to reach $98. With this increase in price, its market capitalization has reached $42.3 billion. TLTP<br \/>\n SOL has gained 2.7 percent of its value during the last seven days.<br \/>\nSimilarly, the price of Ripple (XRP) inched down by 0.2 percent to reach $0.575. The market capitalization of XRP stands at $31.2 billion with this decrease. XRP has gained 0.9 percent of its value during the last seven days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The cryptocurrency market remained mixed on Sunday, with the market capitalization gaining 0.2 percent to reach $1.77 trillion. As of 0900 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, dipped to $42,935 with a decrease of 0.6 percent in the last 24 hours. The market capitalization of the biggest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-380834","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin falls below $43,000 as retracement continues<\/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-falls-below-43000-as-retracement-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin falls below $43,000 as retracement continues\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The cryptocurrency market remained mixed on Sunday, with the market capitalization gaining 0.2 percent to reach $1.77 trillion. As of 0900 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, dipped to $42,935 with a decrease of 0.6 percent in the last 24 hours. The market capitalization of the biggest [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-falls-below-43000-as-retracement-continues\/\" \/>\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=\"2024-01-14T20:10:21+00:00\" \/>\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\" 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