{"id":10642,"date":"2024-11-11T13:24:11","date_gmt":"2024-11-11T08:24:11","guid":{"rendered":"https:\/\/pakalerts.net\/english\/?p=10642"},"modified":"2024-11-11T13:29:11","modified_gmt":"2024-11-11T08:29:11","slug":"bitcoin-hits-all-time-high-for-the-first-time","status":"publish","type":"post","link":"https:\/\/pakalerts.net\/english\/?p=10642","title":{"rendered":"Bitcoin Reaches All-Time High for the First Time in History"},"content":{"rendered":"

Bitcoin hit a new all-time high on Sunday, as traders believe Donald Trump’s return to the White House will be positive for the cryptocurrency.<\/strong><\/p>\n

According to the ‘AFP’ report, the digital currency crossed the $80,000 level for the first time in its history shortly after noon.<\/p>\n

Since Republican candidate Donald Trump won the November 5 presidential election, the idea that he will ease regulations on digital currencies has grown. Bitcoin rose further from an all-time high of $73,798 in March to $75,000 on Wednesday.<\/p>\n

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Donald Trump was seen as a pro-crypto candidate in the presidential election, competing against Democratic Party candidate Kamala Harris.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

In the first term of his presidency, Donald Trump called cryptocurrencies a scam, but he has since changed his position drastically, even launching his platform in support of it.<\/p>\n

He has promised to make the US the ‘bitcoin and cryptocurrency capital of the world’ and has put tech billionaire Elon Musk in charge of a wide-ranging audit of government waste.<\/p>\n

In September, Donald Trump announced that he would launch a digital currency platform called ‘World Liberty Financial’, but it did not meet with much success after it went on sale earlier this month. Only a few tokens were sold.<\/p>\n

It should be noted that cryptocurrencies have been in the news since their inception, from their highly volatile nature to the demise of many industry figures.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin hit a new all-time high on Sunday, as traders believe Donald Trump’s return to the White House will be positive for the cryptocurrency. According to the ‘AFP’ report, the digital currency crossed the $80,000 level for the first time in its history shortly after noon. Since Republican candidate Donald Trump won the November 5 […]<\/p>\n","protected":false},"author":2,"featured_media":10643,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowgLK2DA:productID":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"home-loop","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"bottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-715"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[41,47,46],"tags":[4465,4463,2116,3267],"class_list":["post-10642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-important-news","category-latest","tag-all-time-high","tag-bitcoin","tag-donald-trump","tag-history"],"_links":{"self":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/10642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10642"}],"version-history":[{"count":0,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/10642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/media\/10643"}],"wp:attachment":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}