{"id":15292,"date":"2025-11-14T13:27:22","date_gmt":"2025-11-14T11:27:22","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/bitcoin-slides-to-six-month-low-as-risk-off-tone-grips-markets\/"},"modified":"2026-02-27T16:27:34","modified_gmt":"2026-02-27T14:27:34","slug":"bitcoin-slides-to-six-month-low-as-risk-off-tone-grips-markets","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/bitcoin-slides-to-six-month-low-as-risk-off-tone-grips-markets\/","title":{"rendered":"Bitcoin slides to six-month low as risk off tone grips markets"},"content":{"rendered":"<p>It was last down 2.8% at $96 009, having earlier dropped as low as $95 885.33, its lowest since May 7. The largest cryptocurrency by market cap was on track for its third straight weekly fall and is down almost 24% from its peak in early October.<\/p>\n<p>&nbsp;<\/p>\n<p>Risky assets have come under pressure in recent days as expectations of a rate cut from the Fed next month have shrunk, as a growing number of policymakers signal reticence on further easing.<\/p>\n<p>&nbsp;<\/p>\n<p>Markets now price in about a 50% chance of a December rate cut, down from about 90% earlier this month and just over 60% earlier this week.<br \/>\nEther, the second-largest cryptocurrency, was down 1.5% at $3 133.76.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":13322,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-15292","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Bitcoin traded below $96 000 for the first time in over six months on Friday, as a sell-off in risky assets accelerated on fading expectations for a December rate cut from the United States Federal Reserve.","published_date":null,"news_description":"Bitcoin traded below $96 000 for the first time in over six months on Friday, as a sell-off in risky assets accelerated on fading expectations for a December rate cut from the United States Federal Reserve.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15292\/revisions"}],"predecessor-version":[{"id":19594,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15292\/revisions\/19594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13322"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15292"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}