The price of Bitcoin has risen past $40,000 in a notable development that points to a trajectory towards its highest end-of-day level since April 2022. This revival follows a turbulent period in which a stablecoin crashed and then detonated a crypto hedge fund, causing a massive market disaster. According to the most recent CoinDesk data, Bitcoin is presently trading at around $41,734, indicating a bullish trend in the cryptocurrency market.<\/p>\n
Adding to the positive momentum, the price of Ether has also experienced an upswing, surpassing $2,220, marking its highest value since May 2022. The positive movements in major cryptocurrencies are often indicative of broader shifts in market sentiment.<\/p>\n
Coinbase (COIN), a leading crypto exchange, has seen its shares respond favorably to the market dynamics. Pre-market, Coinbase shares recorded a substantial jump of nearly 8%, highlighting the symbiotic relationship between the platform’s stock performance and the fluctuating sentiment toward digital assets.<\/p>\n
Investors in Bitcoin have particularly enjoyed a favorable 24-hour period, witnessing a nearly 6% increase in Bitcoin’s price. At the time of this writing, the digital coin has reached a valuation just above $41,840. This milestone marks a significant breakthrough, as Bitcoin surpasses the $40,000 barrier for the first time since May 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
The price of Bitcoin has risen past $40,000 in a notable development that points to a trajectory towards its highest end-of-day level since April 2022. This revival follows a turbulent period in which a stablecoin crashed and then detonated a crypto hedge fund, causing a massive market disaster. According to the most recent CoinDesk data, […]<\/p>\n","protected":false},"author":14,"featured_media":9237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[249],"tags":[],"class_list":["post-9230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/9230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=9230"}],"version-history":[{"count":3,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/9230\/revisions"}],"predecessor-version":[{"id":9261,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/9230\/revisions\/9261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/9237"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=9230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=9230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=9230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}