{"id":399696,"date":"2024-04-10T03:49:02","date_gmt":"2024-04-09T22:49:02","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=399696"},"modified":"2024-04-10T03:50:07","modified_gmt":"2024-04-09T22:50:07","slug":"bitcoin-slips-to-70717-amid-profit-taking","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-slips-to-70717-amid-profit-taking\/","title":{"rendered":"Bitcoin slips to $70,717 amid profit-taking"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe cryptocurrency market turned to profit-taking on Tuesday, with the market capitalization losing 1.3 percent to reach $2.79 trillion.<br \/>\nAs of 1230 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, slipped to $70,717 with a drop of 2.2 percent in the last 24 hours. The market capitalization of the biggest crypto has reached $1.391 trillion with this decrease. Bitcoin has been 8 percent up in the past seven days.<br \/>\nIn the last 24 hours, Bitcoin has climbed above $71,000, indicating a bullish sentiment ahead of the halving event. This upward momentum hints at a possible revisit to the record high of $73,777, with a subsequent resistance level at $84,000. Over the past year, Bitcoin has surged by an impressive 154%. Bitcoin continues its uptrend with only 10 days remaining in the much-hyped Bitcoin halving estimated on April 20, 2024.<br \/>\nFollowing suit, Ether (ETH), the world\u2019s second-largest cryptocurrency by market capitalization, inched down by 0.3 percent to reach $3,626. With this decrease in price, the market capitalization of ETH has reached $435.8 billion. ETH has gained 9.7 percent of its value during the last seven days.<br \/>\nOn the other hand, Binance Coin (BNB) price went down by 2 percent to reach $583. The market capitalization of BNB has reached $89.8 billion with this decrease. BNB has gained 4.9 percent of its value during the last seven days.<br \/>\nSimilarly, Solana price decreased by 3.4 percent to reach $176. With this decrease in price, its market capitalization has fallen to $78.4 billion. SOL has shed 2.2 percent of its value during the last seven days.<br \/>\nHowever, the price of Ripple (XRP) increased by 4.5 percent to reach $0.635. The market capitalization of XRP stands at $35 billion with this increase. XRP has gained 8.1 percent of its value during the last seven days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The cryptocurrency market turned to profit-taking on Tuesday, with the market capitalization losing 1.3 percent to reach $2.79 trillion. As of 1230 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, slipped to $70,717 with a drop of 2.2 percent in the last 24 hours. The market capitalization of the [&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-399696","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 slips to $70,717 amid profit-taking<\/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-slips-to-70717-amid-profit-taking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin slips to $70,717 amid profit-taking\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The cryptocurrency market turned to profit-taking on Tuesday, with the market capitalization losing 1.3 percent to reach $2.79 trillion. As of 1230 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, slipped to $70,717 with a drop of 2.2 percent in the last 24 hours. 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