{"id":437554,"date":"2022-03-16T07:13:57","date_gmt":"2022-03-16T05:13:57","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=437554"},"modified":"2022-03-16T07:15:59","modified_gmt":"2022-03-16T05:15:59","slug":"bitcoin-stirs","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/437554-bitcoin-stirs.html","title":{"rendered":"Bitcoin stirs"},"content":{"rendered":"<p>A sudden spike in Bitcoin on Wednesday brought the largest cryptocurrency out of the narrow range where it\u2019s spent most of the past week.<\/p>\n<p>Bitcoin jumped as much as 5.7% to $41,691 before giving up some gains and trading at $40,915 at 10:43 a.m. in Hong Kong.<\/p>\n<p>Other tokens like Ether and Solana also enjoyed brief spikes. It wasn\u2019t immediately clear what caused the sharp gains.<\/p>\n<p>Bitcoin had spent the past few days mired in the tightest trading range since October 2020, a phenomenon some market watchers ascribed to long-term holders stepping in to buy whenever the token dips.<\/p>\n<p>Meanwhile, selling by short-term investors has kept Bitcoin and other digital assets from mounting sustainable gains.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-437556\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg-800x449.jpg\" alt=\"\" width=\"800\" height=\"449\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg-800x449.jpg 800w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg-600x337.jpg 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg-768x431.jpg 768w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2022\/03\/Bitcoin-climb-in-March-2022_Bloomberg.jpg 814w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<hr \/>\n<h3 class=\"my-4\">Now read: <a href=\"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/437202-luno-cuts-bitcoin-interest-rates.html\" rel=\"bookmark\">Luno cuts Bitcoin interest rates<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>A sudden spike in Bitcoin on Wednesday brought the largest cryptocurrency out of the narrow range where it\u2019s spent most of the past week.<\/p>\n","protected":false},"author":341034,"featured_media":393947,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44696],"tags":[187,43338,72308],"class_list":["post-437554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-ether","tag-solana"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/437554"}],"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=437554"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/437554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/393947"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=437554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=437554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=437554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}