{"id":5040,"date":"2020-04-30T06:08:48","date_gmt":"2020-04-30T06:08:48","guid":{"rendered":"https:\/\/doontimes.in\/?p=5040"},"modified":"2020-10-05T18:03:34","modified_gmt":"2020-10-05T18:03:34","slug":"bitcoin-rises-20-becomes-the-top-performing-asset-of-2020-again","status":"publish","type":"post","link":"https:\/\/doontimes.in\/?p=5040","title":{"rendered":"Bitcoin rises more than 130% since march , becomes the top performing asset of 2020 again"},"content":{"rendered":"\n

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The world’s largest cryptocurrency, Bitcoin soared to $3850 percent in March<\/p>\n

Perpetual contract was quoting at $9,375.50,  at the time of writing this copy. It touched an intraday high of $9,454.50 nudging the crucial $9,600 levels .<\/p>\n

The digital currency is now up 135 percent from its March lows, outperforming the likes of S&P 500 (25 percent), Nifty (27 percent) as well as other major markets.<\/p>\n

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“Bitcoin is now trading at a critical inflexion point, where significant Fibonacci retracements, 50-day moving averages, and 10-day moving averages converge on the daily chart,” said Forbes report, quoting analysts at Singapore-based bitcoin index fund Stack.<\/div>\n<\/div>\n<\/div>\n

The turning of this resistance to support could see “further price action upside towards $9,600”.<\/p>\n

With the sharp surge, Bitcoin has been top raising asset class in 2020 , outperforming the likes of gold, crude, stocks as well as corporate bond.<\/p>","protected":false},"excerpt":{"rendered":"

The world’s largest cryptocurrency, Bitcoin soared to $3850 percent in March Perpetual contract was quoting at $9,375.50,  at the time of writing this copy. It touched an intraday high of… <\/p>\n","protected":false},"author":1,"featured_media":5043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1041,1038],"tags":[844,845],"class_list":["post-5040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-financial-news","category-world-news","tag-bitcoin","tag-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/posts\/5040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/doontimes.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5040"}],"version-history":[{"count":6,"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/posts\/5040\/revisions"}],"predecessor-version":[{"id":5393,"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/posts\/5040\/revisions\/5393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/doontimes.in\/index.php?rest_route=\/wp\/v2\/media\/5043"}],"wp:attachment":[{"href":"https:\/\/doontimes.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/doontimes.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/doontimes.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}