{"id":151466,"date":"2022-11-29T23:23:33","date_gmt":"2022-11-30T05:23:33","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/11\/bitcoin-on-exchanges-keeps-sliding-1-million-btc-pulled-from-these-platforms"},"modified":"2022-11-29T23:23:33","modified_gmt":"2022-11-30T05:23:33","slug":"bitcoin-on-exchanges-keeps-sliding-1-million-btc-pulled-from-these-platforms","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/11\/bitcoin-on-exchanges-keeps-sliding-1-million-btc-pulled-from-these-platforms","title":{"rendered":"Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms"},"content":{"rendered":"<p style=\"padding-right: 20px\"><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/bitcoin-on-exchanges-keeps-sliding-1-million-btc-pulled-from-these-platforms3.jpg\"><\/a><\/p>\n<p><strong> Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant trend for the remaining of the year.<\/strong><\/p>\n<p>As of this writing, Bitcoin trades at $16,400. The cryptocurrency has been stuck at these levels for today\u2019s trading session after re-testing its yearly lows yesterday. In the wake of FTX\u2019s collapse, crypto users have lost confidence. This could have a long-lasting impact on the nascent asset class.<\/p>\n<p>Data from crypto exchange Bitfinex indicates that users are withdrawing their Bitcoin from exchanges en masse. The FTX\u2019s collapse triggered a massive BTC outflow from trading venues; investors fear losing their funds in the contagion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant trend for the remaining of the year. As of this writing, Bitcoin trades at $16,400. [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1761],"tags":[],"class_list":["post-151466","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/151466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=151466"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/151466\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=151466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=151466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=151466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}