{"id":229280,"date":"2026-06-09T05:30:00","date_gmt":"2026-06-09T09:30:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/09\/more-than-1-trillion-in-value-gone-in-8-months-whats-going-on-with-bitcoin\/"},"modified":"2026-06-10T08:15:35","modified_gmt":"2026-06-10T12:15:35","slug":"more-than-1-trillion-in-value-gone-in-8-months-whats-going-on-with-bitcoin","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/09\/more-than-1-trillion-in-value-gone-in-8-months-whats-going-on-with-bitcoin\/","title":{"rendered":"More than $1 trillion in value gone in 8 months. What\u2019s going on with bitcoin?"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnn.com\/2026\/06\/09\/business\/bitcoin-slump-ai-stocks\">More than $1 trillion in value gone in 8 months. What\u2019s going on with bitcoin?<\/a><\/p>\n<p><a href=\"https:\/\/www.cnn.com\/2026\/06\/09\/business\/bitcoin-slump-ai-stocks\">https:\/\/www.cnn.com\/2026\/06\/09\/business\/bitcoin-slump-ai-stocks<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-09 05:30:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnn.com\">www.cnn.com<\/a><\/p>\n<p>Here is a summarized version of the provided article, presented as an unordered list with 6 key points:<\/p>\n<p>&#8211; Bitcoin experienced a significant drop from its high of $126,000 in late 2023 to just above $60,000 in 2024, losing over $1.2 trillion in market capitalization in eight months.<br \/>\n&#8211; This decline erased all gains since President Trump\u2019s second term began, despite earlier hopes of a more crypto-friendly administration.<br \/>\n&#8211; The cryptocurrency substantially underperformed both U.S. stocks and gold during Trump\u2019s second term. The S&#038;P 500 actually saw a nearly 10% rise this year and over 30% since Trump&#8217;s term began, while gold increased by 60% since his second term began.<br \/>\n&#8211; Market sentiment shifted as some investors sold their holdings, causing net outflows from Bitcoin ETF&#8217;s.<br \/>\n&#8211; The focus amongst investors has moved toward other areas, including the booming AI sector and highly anticipated Initial Public Offerings (IPOs), while waiting for regulatory clarity from the CLARITY Act discussion.<br \/>\n&#8211; The CLARITY Act, pending legislative approval, could potentially offer new regulatory guidelines that might aid in the legitimization of the overall cryptocurrency industry, including stablecoins and other coins like Ethereum.<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than $1 trillion in value gone in 8 months. What\u2019s going on with bitcoin?&#8230;<\/p>\n","protected":false},"author":1,"featured_media":229281,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-2224450056.jpg?c=16x9&q=w_800,c_fill","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-229280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229280"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=229280"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229280\/revisions"}],"predecessor-version":[{"id":229282,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229280\/revisions\/229282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/229281"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=229280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=229280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=229280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}