{"id":257595,"date":"2018-04-25T07:34:45","date_gmt":"2018-04-25T05:34:45","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=257595"},"modified":"2018-04-25T07:35:12","modified_gmt":"2018-04-25T05:35:12","slug":"bitcoin-surges-while-stock-market-falls","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/257595-bitcoin-surges-while-stock-market-falls.html","title":{"rendered":"Bitcoin surges while stock market falls"},"content":{"rendered":"

Amid a sea of red in financial markets, Bitcoin is still flashing green.<\/p>\n

The biggest cryptocurrency climbed as much as 5.4 percent Tuesday to $9,412, the highest since March 7. Bitcoin has gained 20 percent in the past week and 37 percent in April, on track for its best month since its record-breaking December.<\/p>\n

Bitcoin is rebounding from its worse start to a year ever, as it slumped more than 50 percent in the first quarter and plunged to as low as $5,922 from almost $20,000 at the end of last year. The cryptocurrency market is gaining as tax-related selling ends and regulatory-related headlines fade, while Wall Street signals increasing interest in the space.<\/p>\n

Goldman Sachs Group Inc. said Monday that it hired Justin Schmidt as head of digital asset markets to help clients gain exposure to cryptocurrencies, and cryptocurrency-focused hedge funds have continued to open even amid the market slump earlier this year.<\/p>\n

\"Bitcoin<\/a><\/p>\n

Now read:\u00a0Calculating how much Bitcoin tax you must pay SARS<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Amid a sea of red in financial markets, Bitcoin is still flashing green.<\/p>\n","protected":false},"author":341034,"featured_media":252401,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[187,42356,50301],"class_list":["post-257595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-stock-price","tag-us-stock-market"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/257595"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=257595"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/257595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/252401"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=257595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=257595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=257595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}