{"id":268713,"date":"2018-07-17T21:04:20","date_gmt":"2018-07-17T19:04:20","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=268713"},"modified":"2018-07-17T21:06:06","modified_gmt":"2018-07-17T19:06:06","slug":"bitcoin-surges-after-breaking-through-7000","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/268713-bitcoin-surges-after-breaking-through-7000.html","title":{"rendered":"Bitcoin surges after breaking through $7,000"},"content":{"rendered":"<p>What\u2019s up with Bitcoin?<\/p>\n<p>That seems to be question on the minds of most casual observers of the biggest digital token after it suddenly surged as much as 12 percent Tuesday.<\/p>\n<p>The move accelerated as the cryptocurrency pushed past the $7,000 price level for the first time in more than a month.<\/p>\n<p>Bitcoin last traded above $7,000 on June 8, before getting caught in a sector wide sell-off that wiped out about $42 billion over the following weekend.<\/p>\n<p>Some observers pinned that retreat on an exchange hack in South Korea, while others pointed to lingering concern over a clampdown on trading platforms in China.<\/p>\n<p>Cryptocurrency venues have come under growing scrutiny around the world in recent months amid a range of issues including thefts, market manipulation and money laundering.<\/p>\n<p><a href=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-268717 size-large\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price-640x360.png\" alt=\"Bitcoin Price\" width=\"640\" height=\"360\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price-640x360.png 640w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price-600x338.png 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price-768x432.png 768w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/07\/Bitcoin-Price.png 1200w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<h3 class=\"my-4\">Now read:\u00a0<a href=\"https:\/\/mybroadband.co.za\/news\/business\/268565-netflix-plunges-due-to-slow-subscriber-growth.html\" rel=\"bookmark\">Netflix plunges due to slow subscriber growth<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s up with Bitcoin?<\/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":[187,43378],"class_list":["post-268713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/268713"}],"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=268713"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/268713\/revisions"}],"predecessor-version":[{"id":268715,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/268713\/revisions\/268715"}],"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=268713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=268713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=268713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}