{"id":611978,"date":"2024-06-07T23:30:52","date_gmt":"2024-06-07T23:30:52","guid":{"rendered":"https:\/\/wncen.com\/?p=611978"},"modified":"2024-06-11T07:45:49","modified_gmt":"2024-06-11T07:45:49","slug":"bitcoin-stubborn-stand-below-100k-whats-holding-it-back","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-stubborn-stand-below-100k-whats-holding-it-back\/","title":{"rendered":"Bitcoin&#8217;s Stubborn Stand Below $100K: What&#8217;s Holding It Back?"},"content":{"rendered":"<p>Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated <a href=\"https:\/\/wncen.com\/bitcoin-news\/is-100k-bitcoin-inevitable-this-expert-say-yes-find-out-when\/\" target=\"_blank\" rel=\"noopener \">price surge to $100,000<\/a> remains &#8216;unrealized.&#8217;<\/p>\n<p>Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk&#8217;s social media platform X to <a href=\"https:\/\/x.com\/caprioleio\/status\/37733507\" target=\"_blank\" rel=\"noopener nofollow\">explain<\/a> the hurdles preventing Bitcoin from achieving this milestone.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/is-100k-bitcoin-inevitable-this-expert-say-yes-find-out-when\/\" target=\"_blank\" rel=\"noopener \">Is $100K Bitcoin Inevitable? This Expert Say \u2018Yes\u2019\u2014Find Out When<\/a><\/div>\n<h2>Examining Bitcoin&#8217;s Stagnation Below $100k<\/h2>\n<p>According to Edwards, one of the primary factors is the sale of Bitcoin by long-term holders. His analysis shows a decline in wallets holding Bitcoin for over two years, from an all-time high of 57% in December 2023 to 54%.<\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GPccHhQbcAATbzl?format=jpg&amp;name=medium\" alt=\"Growth rate of Bitcoin holders.\" width=\"1200\" height=\"676\"><figcaption class=\"wp-caption-text\">The growth rate of Bitcoin holders. | Source: <a href=\"https:\/\/x.com\/caprioleio\/status\/37733507\" target=\"_blank\" rel=\"noopener nofollow\">Charles Edwards on X<\/a><\/figcaption><\/figure>\n<p>Although this 3% drop might seem minor, it represents about 630,000 BTC\u2014far exceeding the quantity purchased by US Bitcoin ETFs since January. This sell-off by long-standing investors is exerting downward pressure on the price.<\/p>\n<p>Edwards also pointed out that the market has yet to fully feel the impact of Bitcoin&#8217;s halving event in April, which reduced the daily issuance of Bitcoin by 50%.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We haven&#8217;t seen the impacts of the Halving yet.<\/p>\n<p>With the daily Bitcoin issuance dropping by 50% in April, we will likely see the delta between ETF consumption and Bitcoin mined widen a lot over the next year. It also takes full quarters for institutions to review, sign-off and\u2026 <a href=\"https:\/\/t.co\/bAxfFzv6L8\" target=\"_blank\" rel=\"noopener nofollow\">pic.twitter.com\/bAxfFzv6L8<\/a><\/p>\n<p>\u2014 Charles Edwards (@caprioleio) <a href=\"https:\/\/twitter.com\/caprioleio\/status\/25657659?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">June 7, 2024<\/a><\/p><\/blockquote>\n<p>He believes that the gap between the amount of Bitcoin purchased by spot ETFs and the reduced output from mining will widen significantly, underscoring the need for financial institutions to adjust their strategies and continue leading in Bitcoin acquisitions.<\/p>\n<p>Meanwhile, Edwards identified three key factors that he believes are essential for a <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-vs-gold-why-this-trader-believes-btc-will-surge\/\" target=\"_blank\" rel=\"noopener \">sharp rise<\/a> in Bitcoin&#8217;s price: increased daily ETF purchases, reduced selling by long-term holders, and an expansion in U.S. market liquidity.<\/p>\n<h2>BTC Price Slow Amid Record ETF Inflows<\/h2>\n<p>Bitcoin <a href=\"https:\/\/wncen.com\/bitcoin-news\/buckle-up-bitcoin-ride-to-74k-could-start-any-minute-heres-why\/\" target=\"_blank\" rel=\"noopener \">trades at $71,926<\/a>, showing modest movements as it struggles to mark any price increase over the past 24 hours, despite a 4.9% rise in the last 7 days.<\/p>\n<figure style=\"width: 2770px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/uppwps6g\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"2770\" height=\"1496\"><figcaption class=\"wp-caption-text\">BTC price is moving sideways on the 4-hour chart. Source: BTC\/USDT on <a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p>While Charles Edwards has detailed reasons behind Bitcoin not reaching the $100,000 milestone, other experts are analyzing why substantial inflows into spot BTC ETFs have not translated into a corresponding price surge.<\/p>\n<p>Experts believe that various factors muffle ETFs&#8217; influence on <a href=\"https:\/\/wncen.com\/news\/crypto-on-watch-will-ecb-rate-cut-fuel-bitcoin-rally\/\" target=\"_blank\" rel=\"noopener \">Bitcoin&#8217;s price<\/a>. Seasoned crypto trader Christopher Inks points out that a complex interplay of spot trading, futures, options, and ETFs influences the Bitcoin market.<\/p>\n<p>Inks stresses that an exclusive focus on ETF activities does not provide a complete view of the market dynamics. Responding to a user query on X about the <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-coinbase-premium\/\" target=\"_blank\" rel=\"noopener \">stagnant price<\/a> despite ETF purchases, Inks remarked, \u201cYou do realize the market is made up of spot, futures, ETFs, and options, right? Price at any point in time is a product of all of these, not just one of them..\u201d<\/p>\n<p>Further discussions among financial experts illuminate the multifaceted nature of the BTC market. Analyst Eric Balchunas suggests that the lack of price movement despite ETF purchases might be due to existing Bitcoin holders selling their holdings, which balances out the buying pressure from ETFs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I&#8217;ve said it before and I&#8217;ll say it again, the call is coming from inside the house holmes. This is not ETFs doing, obv bc they buying like crazy lately, it&#8217;s bitcoin holders selling or leveraged flushers or whatever. Time and again ETFs go on flow-a-thons and its met with\u2026 <a href=\"https:\/\/t.co\/iuGNayrLgd\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/t.co\/iuGNayrLgd<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/22095044?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">June 6, 2024<\/a><\/p><\/blockquote>\n<p>Another expert, Jimie, <a href=\"https:\/\/x.com\/Your_NLP_Coach\/status\/40049579\" target=\"_blank\" rel=\"noopener nofollow\">explains<\/a> that while ETFs contribute to market activity, they represent a small portion of the total Bitcoin circulation.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/buckle-up-bitcoin-ride-to-74k-could-start-any-minute-heres-why\/\" target=\"_blank\" rel=\"noopener \">Buckle Up: Bitcoin\u2019s Ride to $74K Could Start Any Minute \u2013 Here\u2019s Why<\/a><\/div>\n<p>Jimie added that the majority is controlled by large holders (&#8220;whales&#8221;), whose trading activities could overpower the influence of ETF buying. This dynamic indicates that significant buying by ETFs often meets with heavy selling, maintaining price equilibrium.<\/p>\n<p>Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains &#8216;unrealized.&#8217; Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk&#8217;s social media platform X to explain the hurdles preventing Bitcoin from achieving this milestone. Related Reading: Is $100K Bitcoin Inevitable? This Expert Say \u2018Yes\u2019\u2014Find Out When Examining Bitcoin&#8217;s Stagnation Below $100k According to Edwards, one of the primary factors is the sale of Bitcoin by long-term holders. His analysis shows a decline in wallets holding Bitcoin for over two years, from an all-time high of 57% in December 2023 to 54%. Although this 3% drop might seem minor, it represents about 630,000 BTC\u2014far exceeding the quantity purchased by US Bitcoin ETFs since January. This sell-off by long-standing investors is exerting downward pressure on the price. Edwards also pointed out that the market has yet to fully feel the impact of Bitcoin&#8217;s halving event in April, which reduced the daily issuance of Bitcoin by 50%. We haven&#8217;t seen the impacts of the Halving yet. With the daily Bitcoin issuance dropping by 50% in April, we will likely see the delta between ETF consumption and Bitcoin mined widen a lot over the next year. It also takes full quarters for institutions to review, sign-off and\u2026 pic.twitter.com\/bAxfFzv6L8 \u2014 Charles Edwards (@caprioleio) June 7, 2024 He believes that the gap between the amount of Bitcoin purchased by spot ETFs and the reduced output from mining will widen significantly, underscoring the need for financial institutions to adjust their strategies and continue leading in Bitcoin acquisitions. Meanwhile, Edwards identified three key factors that he believes are essential for a sharp rise in Bitcoin&#8217;s price: increased daily ETF purchases, reduced selling by long-term holders, and an expansion in U.S. market liquidity. BTC Price Slow Amid Record ETF Inflows Bitcoin trades at $71,926, showing modest movements as it struggles to mark any price increase over the past 24 hours, despite a 4.9% rise in the last 7 days. While Charles Edwards has detailed reasons behind Bitcoin not reaching the $100,000 milestone, other experts are analyzing why substantial inflows into spot BTC ETFs have not translated into a corresponding price surge. Experts believe that various factors muffle ETFs&#8217; influence on Bitcoin&#8217;s price. Seasoned crypto trader Christopher Inks points out that a complex interplay of spot trading, futures, options, and ETFs influences the Bitcoin market. Inks stresses that an exclusive focus on ETF activities does not provide a complete view of the market dynamics. Responding to a user query on X about the stagnant price despite ETF purchases, Inks remarked, \u201cYou do realize the market is made up of spot, futures, ETFs, and options, right? Price at any point in time is a product of all of these, not just one of them..\u201d Further discussions among financial experts illuminate the multifaceted nature of the BTC market. Analyst Eric Balchunas suggests that the lack of price movement despite ETF purchases might be due to existing Bitcoin holders selling their holdings, which balances out the buying pressure from ETFs. I&#8217;ve said it before and I&#8217;ll say it again, the call is coming from inside the house holmes. This is not ETFs doing, obv bc they buying like crazy lately, it&#8217;s bitcoin holders selling or leveraged flushers or whatever. Time and again ETFs go on flow-a-thons and its met with\u2026 https:\/\/t.co\/iuGNayrLgd \u2014 Eric Balchunas (@EricBalchunas) June 6, 2024 Another expert, Jimie, explains that while ETFs contribute to market activity, they represent a small portion of the total Bitcoin circulation. Related Reading: Buckle Up: Bitcoin\u2019s Ride to $74K Could Start Any Minute \u2013 Here\u2019s Why Jimie added that the majority is controlled by large holders (&#8220;whales&#8221;), whose trading activities could overpower the influence of ETF buying. This dynamic indicates that significant buying by ETFs often meets with heavy selling, maintaining price equilibrium. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":611981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,441,629,678,1119,78790,6664,10923],"class_list":["post-611978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-analysis","tag-bitcoin-market","tag-bitcoin-prediction","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market"],"acf":[],"yoast_head":"\n<title>Bitcoin Stubborn Stand Below $100K: What&#039;s Holding It Back?<\/title>\n<meta name=\"description\" content=\"Bitcoin continues to hold its place as the market leader. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Stubborn Stand Below $100K: What's Holding It Back?","description":"Bitcoin continues to hold its place as the market leader. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin&#8217;s Stubborn Stand Below $100K: What&#8217;s Holding It Back?","url":"http:\/\/wncen.com\/news\/bitcoin-stubborn-stand-below-100k-whats-holding-it-back\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-stubborn-stand-below-100k-whats-holding-it-back\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/DALL\u00b7E-2024-06-07-17.54.13-A-conceptual-digital-illustration-for-a-cryptocurrency-article-titled-Bitcoins-Stubborn-Stand-Below-100K_-Whats-Holding-It-Back_.-The-image-featu.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/DALL\u00b7E-2024-06-07-17.54.13-A-conceptual-digital-illustration-for-a-cryptocurrency-article-titled-Bitcoins-Stubborn-Stand-Below-100K_-Whats-Holding-It-Back_.-The-image-featu.jpg?fit=1024%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin analysis","bitcoin market","bitcoin prediction","btc","btcusdt","crypto","crypto market"],"dateCreated":"2024-06-07T23:30:52Z","datePublished":"2024-06-07T23:30:52Z","dateModified":"2024-06-11T07:45:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin&#8217;s Stubborn Stand Below $100K: What&#8217;s Holding It Back?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-stubborn-stand-below-100k-whats-holding-it-back\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-stubborn-stand-below-100k-whats-holding-it-back\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/DALL\\u00b7E-2024-06-07-17.54.13-A-conceptual-digital-illustration-for-a-cryptocurrency-article-titled-Bitcoins-Stubborn-Stand-Below-100K_-Whats-Holding-It-Back_.-The-image-featu.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/DALL\\u00b7E-2024-06-07-17.54.13-A-conceptual-digital-illustration-for-a-cryptocurrency-article-titled-Bitcoins-Stubborn-Stand-Below-100K_-Whats-Holding-It-Back_.-The-image-featu.jpg?fit=1024%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin analysis\",\"bitcoin market\",\"bitcoin prediction\",\"btc\",\"btcusdt\",\"crypto\",\"crypto market\"],\"dateCreated\":\"2024-06-07T23:30:52Z\",\"datePublished\":\"2024-06-07T23:30:52Z\",\"dateModified\":\"2024-06-11T07:45:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/DALL\u00b7E-2024-06-07-17.54.13-A-conceptual-digital-illustration-for-a-cryptocurrency-article-titled-Bitcoins-Stubborn-Stand-Below-100K_-Whats-Holding-It-Back_.-The-image-featu.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/611978"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=611978"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/611978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/611981"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=611978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=611978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=611978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}