{"id":38580,"date":"2024-11-26T16:28:34","date_gmt":"2024-11-26T16:28:34","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/bitcoin-slides-as-investors-cash-in-on-gains"},"modified":"2024-11-26T17:25:17","modified_gmt":"2024-11-26T17:25:17","slug":"bitcoin-slides-as-investors-cash-in-on-gains","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/bitcoin-slides-as-investors-cash-in-on-gains","title":{"rendered":"Bitcoin slides as investors cash in on gains"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>Bitcoin&#8217;s post-US election rally hit a roadblock on Tuesday, slipping under pressure from a wave of profit-taking.<\/p>\n<p>The world\u2019s largest cryptocurrency dropped to $92,360 at 0830GMT before recovering above $93,000.<\/p>\n<p>Market sentiment took a hit as President-elect Donald Trump reignited fears of a trade war, with fresh threats of additional tariffs on China and other countries.<\/p>\n<p>Bitcoin has seen an impressive 40% surge since election day on Nov. 5 and hit a record-breaking $99,000 last week.<\/p>\n<p>Ethereum, the world&#8217;s largest altcoin by market capitalization, was trading at $3,367 for a daily decline of 3.6%.<\/p>\n<p>The value of the cryptocurrency market was around $3.22 trillion, dipping 5% for the day, according to CoinMarketCap, a digital asset price-tracking website.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. Bitcoin&#8217;s post-US election rally hit a roadblock on Tuesday, slipping under pressure from a wave of profit-taking. The world\u2019s largest cryptocurrency dropped to $92,360 at 0830GMT before recovering above $93,000. Market sentiment took a hit as President-elect Donald Trump reignited fears of a trade war, with fresh threats of additional tariffs on [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":38579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[306,233],"class_list":["post-38580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-bitcoin","tag-eritrea"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin slides as investors cash in on gains - Eritrea<\/title>\n<meta name=\"description\" content=\"Bitcoin&#039;s post-US election rally hit a roadblock on Tuesday, slipping under pressure from a wave of profit-taking. 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