{"id":75008,"date":"2023-09-01T19:49:51","date_gmt":"2023-09-01T19:49:51","guid":{"rendered":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/"},"modified":"2023-09-01T19:49:51","modified_gmt":"2023-09-01T19:49:51","slug":"what-is-the-reason-behind-the-decline-in-bitcoin-price-today","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/","title":{"rendered":"What is the reason behind the decline in Bitcoin price today?"},"content":{"rendered":"<p>Bitcoin&#8217;s price has dropped by 13% in August, erasing the gains it made earlier in the year.<\/p>\n<p>The decline in Bitcoin&#8217;s price has led some analysts to compare the current market to the pre-bull market cycle of 2015-2017.<\/p>\n<p>Traders with short positions have dominated liquidations in the futures market, negatively affecting Bitcoin&#8217;s price.<\/p>\n<p>The lack of consistent trading volume and a downtrend in investor sentiment have contributed to the decline in Bitcoin&#8217;s price.<\/p>\n<p>Despite the short-term uncertainty, institutional investors are still pushing for Bitcoin financial instruments, which could spark a bull run.<\/p>\n<p>The SEC&#8217;s delay in approving Bitcoin ETFs, including BlackRock&#8217;s application, is negatively impacting investor sentiment and price action.<\/p>\n<p>Bitcoin&#8217;s market structure has turned bearish, and if the price drops below key levels, the bullish momentum will be erased.<\/p>\n<p>Some investors speculate that BlackRock may be suppressing the Bitcoin price ahead of its ETF launch, but this is likely a conspiracy theory.<\/p>\n<p>Macro events and regulatory actions continue to impact the Bitcoin price, and interest rate hikes may also have an effect.<\/p>\n<p>In the long term, market participants still expect the price of Bitcoin to recover, especially as more financial institutions embrace BTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2022-11\/d3605b6b-0eff-46f6-a46f-b15ec3b3ecbe.jpeg\"><\/p>\n<p>Bitcoin\u2019s price is down today, as the excitement surrounding Grayscale\u2019s SEC victory turns to disappointment after the SEC delayed each spot Bitcoin ETF application. <\/p>\n","protected":false},"author":1,"featured_media":75009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[15],"tags":[47],"class_list":["post-75008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the reason behind the decline in Bitcoin price today? - Kryptodata<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the reason behind the decline in Bitcoin price today? - Kryptodata\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s price is down today, as the excitement surrounding Grayscale\u2019s SEC victory turns to disappointment after the SEC delayed each spot Bitcoin ETF application.\" \/>\n<meta property=\"og:site_name\" content=\"Kryptodata\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kryptodata\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-01T19:49:51+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1434\" \/>\n\t<meta property=\"og:image:height\" content=\"955\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kryptodata\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kryptodatan\" \/>\n<meta name=\"twitter:site\" content=\"@Kryptodatan\" \/>\n<meta name=\"twitter:label1\" content=\"Skriven av\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kryptodata\" \/>\n\t<meta name=\"twitter:label2\" content=\"Ber\u00e4knad l\u00e4stid\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\"},\"author\":{\"name\":\"Kryptodata\",\"@id\":\"http:\/\/kryptodata.se\/#\/schema\/person\/11e9624e23ff358300ba6285fc66552c\"},\"headline\":\"What is the reason behind the decline in Bitcoin price today?\",\"datePublished\":\"2023-09-01T19:49:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\"},\"wordCount\":204,\"publisher\":{\"@id\":\"http:\/\/kryptodata.se\/#organization\"},\"image\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg\",\"keywords\":[\"Bitcoin\"],\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"sv-SE\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\",\"url\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\",\"name\":\"What is the reason behind the decline in Bitcoin price today? - Kryptodata\",\"isPartOf\":{\"@id\":\"http:\/\/kryptodata.se\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg\",\"datePublished\":\"2023-09-01T19:49:51+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#breadcrumb\"},\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage\",\"url\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg\",\"contentUrl\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg\",\"width\":1434,\"height\":955,\"caption\":\"What is the reason behind the decline in Bitcoin price today?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/kryptodata.se\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is the reason behind the decline in Bitcoin price today?\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/kryptodata.se\/#website\",\"url\":\"http:\/\/kryptodata.se\/\",\"name\":\"Kryptodata\",\"description\":\"Det senaste inom krypto\",\"publisher\":{\"@id\":\"http:\/\/kryptodata.se\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/kryptodata.se\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"sv-SE\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/kryptodata.se\/#organization\",\"name\":\"Kryptodata\",\"url\":\"http:\/\/kryptodata.se\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"http:\/\/kryptodata.se\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2021\/06\/KD_logo_standardColor_512px.png\",\"contentUrl\":\"http:\/\/kryptodata.se\/wp-content\/uploads\/2021\/06\/KD_logo_standardColor_512px.png\",\"width\":513,\"height\":101,\"caption\":\"Kryptodata\"},\"image\":{\"@id\":\"http:\/\/kryptodata.se\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/kryptodata\",\"https:\/\/x.com\/Kryptodatan\"]},{\"@type\":\"Person\",\"@id\":\"http:\/\/kryptodata.se\/#\/schema\/person\/11e9624e23ff358300ba6285fc66552c\",\"name\":\"Kryptodata\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"http:\/\/kryptodata.se\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7072ef36478df634d5cd497a7f9790a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7072ef36478df634d5cd497a7f9790a7?s=96&d=mm&r=g\",\"caption\":\"Kryptodata\"},\"sameAs\":[\"http:\/\/kryptodata.se\"],\"url\":\"http:\/\/kryptodata.se\/author\/kryptodata\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is the reason behind the decline in Bitcoin price today? - Kryptodata","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/","og_locale":"sv_SE","og_type":"article","og_title":"What is the reason behind the decline in Bitcoin price today? - Kryptodata","og_description":"Bitcoin\u2019s price is down today, as the excitement surrounding Grayscale\u2019s SEC victory turns to disappointment after the SEC delayed each spot Bitcoin ETF application.","og_site_name":"Kryptodata","article_publisher":"https:\/\/www.facebook.com\/kryptodata","article_published_time":"2023-09-01T19:49:51+00:00","og_image":[{"width":1434,"height":955,"url":"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg","type":"image\/jpeg"}],"author":"Kryptodata","twitter_card":"summary_large_image","twitter_creator":"@Kryptodatan","twitter_site":"@Kryptodatan","twitter_misc":{"Skriven av":"Kryptodata","Ber\u00e4knad l\u00e4stid":"1 minut"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#article","isPartOf":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/"},"author":{"name":"Kryptodata","@id":"http:\/\/kryptodata.se\/#\/schema\/person\/11e9624e23ff358300ba6285fc66552c"},"headline":"What is the reason behind the decline in Bitcoin price today?","datePublished":"2023-09-01T19:49:51+00:00","mainEntityOfPage":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/"},"wordCount":204,"publisher":{"@id":"http:\/\/kryptodata.se\/#organization"},"image":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage"},"thumbnailUrl":"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg","keywords":["Bitcoin"],"articleSection":["Bitcoin"],"inLanguage":"sv-SE"},{"@type":"WebPage","@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/","url":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/","name":"What is the reason behind the decline in Bitcoin price today? - Kryptodata","isPartOf":{"@id":"http:\/\/kryptodata.se\/#website"},"primaryImageOfPage":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage"},"image":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage"},"thumbnailUrl":"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg","datePublished":"2023-09-01T19:49:51+00:00","breadcrumb":{"@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#breadcrumb"},"inLanguage":"sv-SE","potentialAction":[{"@type":"ReadAction","target":["http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/"]}]},{"@type":"ImageObject","inLanguage":"sv-SE","@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#primaryimage","url":"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg","contentUrl":"http:\/\/kryptodata.se\/wp-content\/uploads\/2023\/09\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today.jpg","width":1434,"height":955,"caption":"What is the reason behind the decline in Bitcoin price today?"},{"@type":"BreadcrumbList","@id":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-decline-in-bitcoin-price-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/kryptodata.se\/"},{"@type":"ListItem","position":2,"name":"What is the reason behind the decline in Bitcoin price today?"}]},{"@type":"WebSite","@id":"http:\/\/kryptodata.se\/#website","url":"http:\/\/kryptodata.se\/","name":"Kryptodata","description":"Det senaste inom krypto","publisher":{"@id":"http:\/\/kryptodata.se\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/kryptodata.se\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"sv-SE"},{"@type":"Organization","@id":"http:\/\/kryptodata.se\/#organization","name":"Kryptodata","url":"http:\/\/kryptodata.se\/","logo":{"@type":"ImageObject","inLanguage":"sv-SE","@id":"http:\/\/kryptodata.se\/#\/schema\/logo\/image\/","url":"http:\/\/kryptodata.se\/wp-content\/uploads\/2021\/06\/KD_logo_standardColor_512px.png","contentUrl":"http:\/\/kryptodata.se\/wp-content\/uploads\/2021\/06\/KD_logo_standardColor_512px.png","width":513,"height":101,"caption":"Kryptodata"},"image":{"@id":"http:\/\/kryptodata.se\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kryptodata","https:\/\/x.com\/Kryptodatan"]},{"@type":"Person","@id":"http:\/\/kryptodata.se\/#\/schema\/person\/11e9624e23ff358300ba6285fc66552c","name":"Kryptodata","image":{"@type":"ImageObject","inLanguage":"sv-SE","@id":"http:\/\/kryptodata.se\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7072ef36478df634d5cd497a7f9790a7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7072ef36478df634d5cd497a7f9790a7?s=96&d=mm&r=g","caption":"Kryptodata"},"sameAs":["http:\/\/kryptodata.se"],"url":"http:\/\/kryptodata.se\/author\/kryptodata\/"}]}},"_links":{"self":[{"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/posts\/75008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/comments?post=75008"}],"version-history":[{"count":0,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/posts\/75008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/media\/75009"}],"wp:attachment":[{"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/media?parent=75008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/categories?post=75008"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/kryptodata.se\/wp-json\/wp\/v2\/tags?post=75008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}