{"id":1818710,"date":"2023-01-21T17:20:03","date_gmt":"2023-01-21T22:20:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1818710"},"modified":"2023-01-21T17:20:58","modified_gmt":"2023-01-21T22:20:58","slug":"bitcoin-price-tops-23000-the-highest-since-last-september","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-price-tops-23000-the-highest-since-last-september\/","title":{"rendered":"Bitcoin Price Tops $23,000, the Highest Since Last September"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbitcoin-price-tops-23000-the-highest-since-last-september%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1818710&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/social\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p>Bitcoin<br \/>\n        <a data-track-hover=\"QuotePeek\" data-charting-symbol=\"CRYPTOCURRENCY\/US\/KRAKEN\/BTCUSD\" class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/cryptocurrency\/BTCUSD?iso=kraken&#038;mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">BTCUSD,<br \/>\n        -0.26%<\/a><br \/>\n On Saturday, it soared above $23,000, its highest point since September. This was due to the recovery of some ground by the crypto currency market in early 2023.<\/p>\n<p>The rally was held despite the news that Genesis Global Capital had filed Chapter 11 bankruptcy protection. Digital Currency Group owns Genesis. The company has been affected by the fallout from the collapses at crypto hedge fund Three Arrows Capital last spring, and more recently, at crypto exchange FTX.<\/p>\n<div class=\"paywall\">\n<p><strong>Also see:<\/strong> <a href=\"https:\/\/www.marketwatch.com\/story\/bitcoin-just-recovered-from-ftxs-implosion-could-a-genesis-bankruptcy-push-it-to-new-low-11674156903?mod=search_headline&#038;mod=article_inline\" class=\"icon none\" rel=\"follow\">Bitcoin just recovered from FTX\u2019s implosion. Could a Genesis bankruptcy push it to new low?\u00a0<\/a><\/p>\n<p>Bitcoin has increased by 12% in the last seven days and is up 35% year-to-date. Ether<br \/>\n        <a data-track-hover=\"QuotePeek\" data-charting-symbol=\"FUND\/US\/OOTC\/ETHE\" class=\"qt-chip positive\" href=\"https:\/\/www.marketwatch.com\/investing\/fund\/ETHE?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">ETHE,<br \/>\n        +8.84%<\/a><br \/>\n It has risen 13% over the past week, and is up 38% depuis Dec. 31.<\/p>\n<p>The rally Friday also helped crypto-related stocks: Exchange Coinbase<br \/>\n        <a data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNAS\/COIN\" class=\"qt-chip positive\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/COIN?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">COIN,<br \/>\n        +11.61%<\/a><br \/>\n rose as Marathon Digital Holdings, a bitcoin miner, was<br \/>\n        <a data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNAS\/MARA\" class=\"qt-chip positive\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/MARA?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">MARA,<br \/>\n        +9.95%<\/a><br \/>\n The other was also jumped.<\/p>\n<div data-layout=\"inline\" data-layout-mobile=\"\" class=\"media-object           type-InsetTweet             inline     scope-web|mobileapps   article__inset           article__inset--type-InsetTweet             article__inset--inline\">\n<div class=\"dynamic-inset-container article__inset__dynamic\">\n<style scoped>\n      \t    iframe.twitter-tweet {\n      \t        width: 100% !important;\n      \t    }\n      \t<\/style>\n<blockquote class=\"twitter-tweet\" lang=\"en\">\n<\/blockquote><\/div>\n<\/p><\/div>\n<p>However, traders were skeptical about this rally.<\/p>\n<p>\u201cBitcoin seems to be trading along with the Nasdaq and risk assets again, after the past months of decoupling,\u201d Sylvia Jablonski (CEO and chief investment officer, Defiance ETFs) <a href=\"https:\/\/www.cnbc.com\/2023\/01\/20\/bitcoin-has-climbed-more-than-10percent-this-week-outperforming-stocks.html\" target=\"_blank\" class=\"icon none\" rel=\"nofollow noopener\">told CNBC<\/a> Friday <\/p>\n<p>\u201cThis is good news for crypto investors in that if inflation is falling, and the Fed is closer to the end than the beginning of economic tightening, risk assets will catch a breath of fresh air and perhaps lure investors back in.\u201d <\/p>\n<p>Edward Moya, senior market analyst at Oanda, said in a Friday note that if more Federal Reserve interest rate hikes happen beyond the Fed\u2019s March meeting, \u201crisky assets broadly, including crypto, could be vulnerable to major selling pressure.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin BTCUSD, -0.26% On Saturday, it soared above $23,000, its highest point since September. This was due to the recovery of some ground by the crypto currency market in early 2023. The rally was held despite the news that Genesis Global Capital had filed Chapter 11 bankruptcy protection. Digital Currency Group owns Genesis. The company &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1818713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[15929,4254,5458,7145,3819,7402,12027],"class_list":["post-1818710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-15929","tag-bitcoin","tag-bongino","tag-price","tag-report","tag-september","tag-tops"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1818710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1818710"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1818710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1818713"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1818710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1818710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1818710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}